A Ponzi scheme project with a strong wealth effect must have the following points:

1. First of all, it must be listed on the top exchange, which is the foundation. Many projects with Ponzi schemes have been very exciting on the chain before, but they were short-lived, poor in depth, without traffic effects, and did not continue, and did not form resonance within the circle.

2. There must be a grand narrative, which is a fuel. For example, Sand, the hot metaverse at the time, coupled with mechanisms such as token empowerment, had a market value of hundreds of times.

3. The market value ceiling of the track, that is, the expected market size of the business. For example, Luna and GMT, when compared with software Keep and Axs, the project revenue was compared with King. These are all income-type Ponzi schemes, with the same logic, and all belong to the expectations of the market value ceiling of the track.

4. Emotional consensus. With the Ponzi scheme as the core, we understand marketing and traffic operations, so that we can create a bigger bull market bubble and have a large enough wealth effect.