Can Binance Chain Really Replicate the Meme Craze? A Bit of Cold Water
In recent days, X's @CZ and @Yi He first sister have been exceptionally active in promoting, with many voices giving thumbs up, so I'll share a slightly different view. Firstly, #BNBChain does have unique advantages. As the world's largest CEX, Binance has a vast user base and traffic entry points, providing Binance Chain with natural exposure and funding support. The $2 billion investment from Abu Dhabi MGX is a small matter for Binance; the key is finding a safe haven. Moreover, the couple's personal promotion, combined with strong brand effects and community influence, can indeed quickly ignite market sentiment and drive the meme craze on Binance Chain in the short term. Competitors #OKX have suspended some functions of their Web3 wallets due to regulatory issues, which objectively allows Binance's Web3 wallet to gain more attention, attracting a significant portion of users and funds to Binance Chain, further boosting ecosystem activity.
From an 800,000 salary to resigning to rush onto the blockchain, I admit the end of showing off is admitting defeat
Why escape? 1ļøā£ After playing the 'human Excel' role in traditional finance for ten years, I've drawn more pies in PPT than meals I've eaten, only to suddenly realize that an APY of 39,451,376,829 is more exciting than the pie my boss paintedāthough it's probably a poisonous pie. 2ļøā£ When I had an epiphany during the 99th financial compliance meeting, I realized that the 'risks' we vigilantly guarded against were merely a line of if statements in the code at 12,957,044,486. 3ļøā£ The most shocking moment: I explained a financial model to a post-2000s kid, and he responded, 'You Tradfi people are like my dad, you canāt do this and canāt touch that' (Thanks, at 36, I've finally become a dad)
Whatās the situation now? When voting in 57,490,993,814, I still subconsciously calculate the shareholder meeting voting rights ratio (it saves lives) I check on-chain data first when looking at projects, but I still want to find someone to stamp the audit report (late-stage PTSD) I get anxious if my wallet assets fluctuate by 10%, and my friend laughs, 'With that mentality, what the hell are you doing in blockchain?' (Heās right)
Lessons learned ā ļø Donāt believe the nonsense about 'traditional finance experience being a downgrade'āwhen I got wrecked by post-2000s kids in Discord as a newbie, I was more panicked than when I was cooking the books back in the day ā ļø Liquidity mining isnāt wealth management; itās a gamble on whether you can run faster than the pool depletes ā ļø The deepest consensus isnāt 15,125,825,427, itās that anything can be called out in the Chinese community
Why am I still holding on? Because I discovered this morning: when I no longer need to translate 'user growth' into 'synergy', when LP is no longer a fussy 'limited partner' but code that can be executed and exitedādamn it, this cursed freedom!
P.S. Which big shot can teach me how to play with 39,289,575,848? Back then, I could handle SEC inquiries, but now I canāt deal with witch testing? š¤Æ
I've been busy with work lately and only started playing a week ago #Abstract In the first week, I minted 6 Badges, the cost is negligible Last Tuesday, I updated the data, gained 4700xp in a week, and my wallet assets tripled (mainly thanks to $abster), which is quite ideal After Tuesday, I seriously experienced the ecosystem, and tomorrow I will see if the xp update results can validate my guess
A few ecosystems that provide a good experience For the Game category, I highly recommend #Gigaverse, the mint ID cost is very low, and the playability is strong. I use up my stamina every day and just play a few rounds of pk
For market prediction, #Myriad is worth exploring more. If you don't want to spend money, you can bet with points, the trading volume is decent, and bets can be resold at any time
In the Trading category, #BUZZ and #PANDORA are both quite smooth, but currently, the on-chain TVL is not high, and the trading volume is not large. However, there are still opportunities for ambush, which I will elaborate on later.
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