From a venture capital (VC) perspective, this discussion of AB is quite accurate.
After the BTC ecosystem became the focus of VCs in the previous round, a large number of L2 projects have emerged, and their complexity is dizzying.
However, if you delve deeper, you will find that there are very few projects with truly attractive narratives, giving people the feeling that they have copied the Ethereum model and recreated it.
Bitcoin may indeed have a demand for decentralized finance (DEFI), but for those large investors and miners who have accumulated wealth by holding BTC for a long time, their inherent preference is to conservatively increase currency-based assets ( Otherwise it will be difficult to hold it for a long time).
This is why recent projects such as Babylon and Solv have been able to attract large-scale BTC inflows (not the previous model of Merlin).
Does Bitcoin really need so many flashy narratives? The business carried out by MicroStrategy (MSTR) is extremely simple, but it has become one of the targets that capital is chasing.
Many people in the currency circle have missed the investment opportunity of MSTR. For a currency circle project, as long as it can accurately grasp this key point and operate it properly, it is enough.
“The on-chain micro-strategy built by Solv is an effective way to position itself as a fund company and target whale investors and institutional groups. In this way, it can explain the concept of the on-chain version of MSTR to the market, and for large investors This positioning is quite attractive.”
Solv is keenly aware of this important point, and has abandoned its previous somewhat mediocre positioning of “BTC interest-earning”, and only needs to make every effort to create the brand image of “on-chain MSTR”.
Whether it is for large investors or retail investors, as long as Solv can establish a close connection with MSTR and occupy their minds, its development potential will be unlimited, so that it can stand out among competitors in the same track and widen the gap in dimensions. .
