—— From Songshan Club, Looking at the Big Shots' 'On-chain Social' Past, Workers Trade CP, while the Big Shots Trade Consensus. Buffett proclaimed in 2025, 'Choosing the Right Partners Determines Wealth Level', which in crypto means 'Follow the Right Trader, Enjoy the Right Airdrops' as a real-life textbook. And the 'Songshan Club' formed in the circle of top billionaires in Henan a decade ago is essentially a real-life 'Private Placement Big Shot Club', from glorious rallies to low-key zeros, the storyline is even more thrilling than DeFi explosions!

1. The Genesis Block of Songshan: The 'Private Placement Launch' Scene of the Big Shots

On May 15, 2015, Hu Baosen, along with four co-founders, launched the 'Songshan Club DAO', with a white paper purpose that resonated: "Guarding Justice and Promoting the Voice of Central Plains Commerce". Membership requirements set a 'Capital Verification Barrier': Executive Director 50 million USDT, Director 30 million USDT, Ordinary Member 10 million USDT, and must have a 'Clean On-chain Address' (No Tax Black History). This move is comparable to an ICO private placement round, launching with a bang, directly topping the Central Plains business hot search. Who would have thought that 10 years later, this 'Super Node' would fall into rumors of 'Dissolution / Low-key Operation / Capital Transformation', reminiscent of the 'Silence Period' before a project party runs away.

2. The First Generation Trader Team: Each with Their Own 'Trading Script'

[Hu Baosen: The Initial Consensus Leader of the Real Estate Chain]

As the 'Satoshi Nakamoto' of the 'North Feng Lun, Central Hu Shu, South Wang Shi' blockchain, Uncle Hu relied on 'Listing + Football + Cultural Tourism' to parallel three chains, turning the Jianye ecosystem into Henan's real estate public chain. The most remarkable part is the speech consensus—delivering a commercial white paper without notes, with logic so tight it resembles a smart contract, truly the 'V God of the Business World'. Although now retired behind the scenes, the 'off-chain transfer' of 100 million USDT donated to Zheng University in 2021 is far more genuine than some project parties feigning charity after a rug pull. Netizens' sharp comment: Others cash out by harvesting leeks, Uncle Hu cashes out to promote culture, that's what 'value investing' is!

[Yao Zhongliang: The Low-key Value Investor]

White Elephant Food's 'Pursuit of Conscience' consensus makes General Yao the representative of the 'HODL Party' in the crypto space—Refusing Japanese ICO equity investment, insisting on the 'Domestic Public Chain' route, relying on the 'Earth Pit Sauerkraut' black swan event for an unexpected rally, being crowned the 'Light of Domestic Products BTC'. Others market like they're trading air coins, he runs his business like he's mining Bitcoin, focusing on a 'Buddhist-style Mining, Low-key Getting Rich'.

[Jiang Ming: The Early Evangelist of Advertising Chains]

From 'Hanging Ads on Trees' to Digging the First Bucket of Gold, General Jiang is practically the 'Genesis Miner of Outdoor Advertising Chains'. Later, transitioning to real estate is equivalent to moving from PoS to PoW, with efficiency doubling. He has so many titles it resembles an NFT collection; his video account has been inactive for 12 months, netizens speculate: perhaps he's testing 'Metaverse Advertising' internally?

[Jing Zhu: The Slash Trader in Cross-chain Operations]

Haima Auto / Real Estate / Finance Three Chains Launch Together, General Jing can be called the 'Cross-chain DeFi Master'. The 'Jiuru Mansion DEX' jointly developed with Uncle Hu was once the 'Liquidity Mining' stronghold for the Big Shots. Later it returned to the Hainan mainnet, leaving the (Wen Dao) series of white papers in the bookshelf for 'Static Staking', netizens remarked: Is this going to create a 'Hainan Free Trade Port Public Chain'?

[Zhu Wencheng: From Hundredfold Coins to Zero-value Liquidation Cases]

Fu Ren Pharmaceutical's 'Left Hand Takes Medicine, Right Hand Drinks Alcohol' Dual-Currency Model once surged to the Henan Rich List. Who would have thought the '1 Billion USDT Cash Pool' would explode, turning into a '60 Million USDT Liquidity Crisis', with internal battles among executives comparable to 'Fork Community Civil War'. His saying 'Running a business is like playing Mahjong' now seems to be a real-life warning about 'All-in Leverage Must Liquidate'.

3. The On-chain Ecology of Songshan Club: The Daily Life of the Big Shots' 'Consensus Conference'

  • Cultural Mining: Visiting Luyi Mingdao Palace, equivalent to 'Traditional Commercial Civilization NFT Minting';

  • Node Visits: Going to Haima Auto to See the Production Line, Going to Ba Nu to Eat Hotpot, Essentially 'Cross-chain Ecological Research';

  • Capital DEX: Songshan Capital engages in PE mergers and acquisitions, akin to the early 'Institutional Primary Market IPOs'. The most thrilling 'brick-throwing segment' is practically 'community DAO voting'— the big shots throw shade at each other mercilessly, even more boldly than KOLs in the crypto space, after all, under the 'consensus mechanism', no one wants to be a 'zero-value coin'.

4. The Moment of 'Contract Liquidation' for Big Shots

10 Years Later, Songshan Club Member Enterprises Exhibit 'Double Explosion':

  • Jianye's 'Debt Default' = Market Crash Triggers Chain Liquidation;

  • Chuying Agricultural and Animal Husbandry Delisted = Project Party Runs Away to Zero;

  • Fu Ren Pharmaceutical's Delinquent = Smart Contract Vulnerabilities Exploited;

  • White Elephant Stability = Full Value Coin Anti-dip Properties. Even Tolstoy would tweet: # The Business Sea is Unpredictable, Just Like There's No Forever Bull Market in Crypto #

5. From DAO to Zero: The 'On-chain Lifecycle' of the Entrepreneur Club

Taishan Club and Jiangnan Club have all 'Contract Expire', Songshan Club enters 'Dormant Mode'. Old hands in the crypto space understand:

  • Policy Regulation = Central Banks of Various Countries Raise Interest Rates, Liquidity Withdrawal;

  • Member Changes = Core Nodes Drop Out, Consensus Breaks;

  • Operational Crisis = Project Party's Technical Bottleneck, Unable to Upgrade. But just as blockchain is immutable, the 'Commercial Civilization Block' of Songshan Club will forever remain on the Central Plains' commercial history chain—They once used the consensus mechanism of 'Establishing Business, Establishing Words, Establishing Virtue' to forge the Golden Era of Yu Merchants.

Retail Investor Revelation: The 'Wealth Codes' the Big Shots Teach Us

  1. Don't Chase High Leverage: Look at Zhu Wencheng's 'Mahjong Theory', all-in feels great for a moment, liquidation is a cremation ground;

  1. Value Investing is Truly Attractive: Yao Zhongliang's 'Pursuit of Conscience' is more reliable than any air coin white paper;

  1. Exercising to Preserve Capital: The big shots are enduring the cycles, while ordinary people must hold onto their USDT—after all, staying alive is essential to wait for the next bull market.

Songshan will go to zero, but the big shots' 'Trading Philosophy' will forever be passed down on the chain. Where is the next 'New Yu Merchant BTC' to take over from Hu Baosen? Perhaps it's at some blockchain node, waiting for the moment of consensus awakening. (Data Source: (Director Han's Business Observation))

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