1️⃣The current ecosystem of rubbing hair is similar to the pvp mode of the first-level dog market. The market crashes as soon as it goes online. Everyone is eager to run faster and make more money, and strive to pour the community chips they have obtained. It is better to die than to die.

2️⃣ In addition to the disadvantages of the vc project itself, that is, the initial investors occupy the majority of cheap chips, it can be imagined that the huge selling pressure after Tge will make the secondary buyers who are optimistic about the project itself suffer. They will lose money as soon as they get on the train, further reducing the reputation of the project.

3️⃣ Such a vicious cycle has caused the phenomenon of mutual non-acquisition in the secondary market today, and good projects have entered the garbage dump. In the long run, it is not conducive to the development of web3.

4️⃣ Perhaps, the breakthrough point in the future lies in whether a new project model can be created to achieve a pve model of a win-win situation for project parties, investors, and retail investors. It is similar to the win-win situation of Nvidia and Tesla stocks in the traditional stock market.

5️⃣I once hoped that the meme-style financing model could achieve this, but, for now, meme also has problems such as cutting the plate and scamming the plate. Therefore, the future of the web3 project still has a long way to go!