Recently, I have been pondering a question: Why did VC coins completely crash?
On the surface, it seems that the market lacks confidence and money is hard to move, but fundamentally, the trust base of the entire cryptocurrency industry has collapsed.
Every project cannot avoid four types of people: those who create projects, those who invest money, those who control the market, and ordinary users. Originally, they should cooperate to make money, but now it has turned into a vicious competition where the fastest runner is the safest, with project parties thinking about harvesting profits, investors pondering cashing out, market controllers engaging in behind-the-scenes maneuvers, and users constantly fearing being scammed. This environment not only lacks trust but also brings out the greed and shortsightedness in human nature.
Over time, everyone feels that this industry is just a scam, but no one remembers that blockchain was originally supposed to thrive on consensus and trust.
Now the key is not to blame anyone; we need to think about how to rebuild the collapsed trust. Among these four roles, the only ones who can serve as the "trust fulcrum" are the investors and market controllers. If they are professional enough, they can share the early profits with users, allowing those who truly believe in the projects to benefit as well, gradually forming a positive cycle of "capability → value → trust → stronger capability."
When users make money, they will trust more, and good projects will actively seek them out, giving investors and market controllers the confidence to select quality projects. This model aligns with business principles. Currently, it seems that the most promising team to accomplish this in the entire industry might be the UV team.