If the FT ecosystem is regarded as a traditional stock market, then the project party is the stock exchange, the KOL is the listed company, and ordinary players are retail investors.
Project party: formulate investment policies, tax rates and dividend rules
KOL: Issue and market Keys to enhance brand value and attract more retail investors to buy and hold
Retail investors: Buy low and sell high to earn profits
The joint curve mechanism has a theoretical price ceiling. Before that, speculators (early profiteers) are likely to exit. If there is no stable new buying, the price is likely to spiral downward. This requires KOLs to continuously manage their brands and output valuable content to maintain the stability of private domain communities.
Summarize:
Entry threshold (invitation fission) + private domain group (content payment) + early bird effect (joint curve) + expected income (airdrop expectation) ≈ PONZI
