Chinese people don’t know how to package their projects. They mainly focus on simply and crudely raising the price and then running away. They finish a project in half a month and then move on to the next one.
In comparison, foreign projects appear to be delicate, with a very technological page, VC platforms, Dr. XX platforms, various media promotions, and no rush to pull up the stock price.
Foreign investors regard many projects as junk stocks, so foreign project owners will also slowly update their technology, and when the market is good, they can take advantage of the price difference and make a lot of profit. A project can last for a long time, and the cycle is very long.
For example, I have been tracking some smart wallets for a long time. The style of Chinese wallets is still long-term ambush, shouting orders, and shipping. There are a small number of foreign wallets, which can achieve a 60-70% winning rate through high-frequency trading. Foreigners are not only high-frequency band copycats, but also high-frequency band memes. Some can reach hundreds of lots a day, spanning dozens of junk coins, and are basically professional-level traders.
Chinese investors treat all projects as Ponzi schemes and do not believe any stories. Project owners can only use force to attract investors and quickly invest money, naturally hoping to get their money back quickly.
On the other hand, overseas projects have greater opportunities in airdrops.
Fang, Chinese project parties are very stingy in airdrops. I have even seen project parties that airdrop 0.7u.
In the Internet finance industry, the domestic market price for a precise user starts at 1,000 yuan, with a minimum of 150u. This kind of airdrop of a few u, 10 u, or 20 u is basically a piece of crap done by Chinese project owners.
For example, for a sol mobile phone, an airdrop is basically around 150u, and some may be hundreds of u.
From the perspective of attracting new users, the cost of the same industry is higher abroad than in China. Overseas project owners basically follow the logic of attracting new users to airdrop. Chinese project owners basically treat people like monkeys. The unspoken rule of the Internet is that the new user leader, users, and companies share the VC money together.
But the Chinese project party does not follow the rules and takes 80% or 90% of the profits themselves.
If you play a Chinese project, you will see the tricks and start cursing in two months. If you play a foreign project, you still have the opportunity to make money from it after two years.
To conclude, even dogs wouldn’t play with Chinese projects.
