“Capital never sleeps, 11 million dollars are being poured into blockchain loyalty—are you ready to reap the benefits?”
Plain interpretation:
Brothers, another big news! The blockchain loyalty platform Try Your Best just secured 11 million dollars in Series A funding, led by big shots at Offline Ventures. This may not seem like a big deal, but upon closer inspection, it might be interesting for the crypto circle.
1. Institutions are sending money again, is this a bull market signal?
Traditional VCs like Offline Ventures are investing in blockchain projects, what does this indicate? Institutions are not running away, they are still looking for opportunities! Especially for projects that combine 'blockchain + physical', it’s clear they want to integrate crypto technology into the daily lives of the common people.
Crow Brother's opinion: This round of investment isn't big, but the direction is very important—capital is still betting on the landing of Web3, it's not completely dead yet!
2. In the future, can you earn NFTs just by drinking milk tea?
This project is about 'loyalty points on-chain', simply put, the points you accumulate from spending at merchants may become on-chain tokens or NFTs.
Example: For instance, if you buy coffee at Starbucks, the points are no longer just numbers, but they issue you a 'coffee NFT' that can be traded, collateralized, or even appreciate in value!
Crow Brother's complaint: It sounds great, but let's hope it doesn't end up as 'points going to zero, and the boss runs away'...
3. Will the regulatory stick come?
This 'consumption points turning into tokens' model is most afraid of being targeted by the SEC—if it is deemed a security, it's game over.
Crow Brother's emotional outburst: Damn, it's too hard to do projects now, you have to innovate while guarding against regulation, it's like walking on a tightrope...
4. What impact does it have on coin prices? Don't dream in the short term
11 million dollars in the crypto circle can't even make a splash, don't expect it to directly pump up prices. But looking long-term, if it can really achieve 'one million users on-chain', that would definitely be a big positive!
Crow Brother's judgment: The key to the success or failure of such projects can be summed up in two words—'users', without users, it’s all nonsense.
“Brothers, do you think this 'blockchain points' can succeed? Welcome to the comment section to roast! If it really works out, which brand's points do you hope could go on-chain? McDonald's? Nike? Or... adult websites?”$BTC #币安HODLer空投RESOLV
