According to TechFlow, Qiao Wang, founder and core contributor of Alliance DAO, shared advice for crypto project builders on social media. Wang pointed out that the rules of the game in the crypto industry have changed fundamentally, and this change may be long-term.
He stressed that the old model of building "vaporware" first and then seeking exit liquidity on centralized exchanges is no longer effective.
Wang believes that the new model for success is to build products that people really need, even though it may sound obvious. He mentioned that Alliance DAO has been following this philosophy since its inception. For venture investors, Wang advises them to update their investment strategies accordingly.
