Think about it, what is the mass adoption of crypto?

I saw an interesting data. He Yi mentioned in an interview,

"We cooperated with some project parties (notcoin?) to conduct games and attracted 1.3 million users, but only 56 of them became trading users."

In other words, the conversion rate of attracting people to do trading from web2 is 0.43 per 10,000.

No matter from which angle, it is not worth doing.

So, mass adoption is a false proposition?

In fact, we should look at it from another angle. The most desired mass adoption by the holders of crypto (old leeks) in the currency circle is that new users and new funds come in to take over (convert into trading users).

This may indeed be a false proposition.

Don't hold a hammer and see nails everywhere. Hold assets and see who is here to take over.

Becoming a trading user is not the real need of most people.

In my opinion, mass adoption is more about using crypto to serve the needs of the real world, rather than letting these people do transactions.

For example, can we reconstruct the business model and logic through the advantages and characteristics of crypto, and make profits not by selling coins, but by the service fees paid by users in the process of meeting their needs.

For example, users in the game voluntarily buy props for the fun of the game; users in the information flow app contribute to the number of views, and merchants pay with advertisements; e-commerce charges through merchants' profits, etc.

These are all possible scenarios for mass adoption, but it is not so direct to let a large number of users become trading users.

I guess that if mass adoption occurs, the benefit to the current market is that after there are real usage scenarios, more excellent and valuable assets will emerge.

These assets are the fundamental factors that can truly attract incremental users and incremental funds to trade.

Now is not about attracting leeks to take over. In essence, what is lacking is truly excellent narratives and truly high-quality assets.

Don't put the cart before the horse.