If Sun Ge took the money to become an exclusive high-control #Meme , and pulled it up crazily, without thinking, and gave profits to the market and users, so that users could make money and get benefits, or directly pulled his platform currency, only the wealth effect could drive the market and popularity of Huobi, which is gradually dying out. This is the correct answer.
He does some empty and money-burning marketing all day long, which seems to be high-end but actually has no effect. It just satisfies his own vanity and the urgency of upward social interaction and the desire to be recognized by the mainstream upper class.
Marketing made him successful, but he also fell into a marketing trap. He only knows marketing, only loves marketing, and only understands marketing. In the end, he will only be backfired and counterproductive. Just like Ouyi spent a lot of money on that racing car, is it useful? Looking back at Binance, @heyibinance has never disdained these petty tricks. Everyone is not a fool. Users come to make money, not to show off. It is better to be pragmatic and down-to-earth, and let users make profits and get benefits. It is better than any marketing! The wealth effect is the best marketing!
The market is not short of exchanges, and people will not use or respect exchanges just because they invite or sponsor someone. They will only think it is a fool, and the traffic it attracts will eventually go away. What the market lacks is a platform like Binance that gives users direct and unlimited money distribution. I hold #BNB . In the past year, I have received more than 100,000 US dollars in dividends from new coins, not to mention the appreciation of BNB! This is the only reason why I use #币安 to hold BNB! The leeks don’t care whether it is the world’s number one platform or not. It has nothing to do with us. Only when we share money with them, make profits for us, and benefit and enrich us, can we be devoted and never leave.