This round of on-chain market is no longer a meme; it is essentially a new 'application project' that bypasses exchanges and VCs, directly issuing new assets on-chain. This way, with a low opening price, everyone has the opportunity to participate early and make profits, and during the upward process, it accumulates a large number of users and loyal communities.

This is essentially a redistribution of interests, reallocating the money that was previously meant for VCs and exchanges to retail investors. This round of altcoin bull market will not happen within CEX exchanges; the current on-chain is the beginning of the altcoin explosion season in 2020, where there is gold everywhere.

For project parties, having a good idea and quickly creating a product MVP is no longer about flattering VCs and competing for resources to find exchanges to pay tolls; it can be directly brought out to stroll on-chain, and the market will take off if it buys in, and if it does not, it will cool down. The iteration speed of the AI track on-chain in the past two months has also shown which model is most beneficial for industry development.

The previous model of project parties + VCs + exchanges will be completely changed in this round, and the new on-chain application infrastructure will overthrow the old exchanges. #美国加密立法或将重启 #加密市场调整 #FlokiETP流动性提案通过 #币安Alpha公布第8批项目 #GMT热度飙升