On the evening of July 12, 2024, Binance co-founder He Yi was interviewed by Chinese blockchain media (Foresight News, Wu Shuo, Shenchao, Odaily), in which he talked about the important criteria for Binance investment.
Miss He Yi talked about it and summarized three framework standards, which are as follows:
First: whether the founder himself is a long-termist and whether he believes in this industry.
Second: The skills of the founder and what he has done.
Third: the thinking structure of the founder himself, whether the entire growth of the founder can be continuously iterated.
This article combines the three points mentioned by Miss He Yi and boldly analyzes whether Metale Protocol meets these three points. The details are as follows:
Let’s look at the first point first: whether the founder himself is a long-termist and whether he believes in this industry.
Chari, the founder of Metale Protocol, has shown a firm belief in the blockchain industry. He has a deep and unique understanding of blockchain and a profound interpretation of the content track. This profound understanding is not formed overnight, but comes from long-term research and thinking, which shows that he has the characteristics of long-termism in this field.
Chari believes that the content copyright track is naturally suitable for word-of-mouth communication and decentralized consensus building.
Let's think back to how you are triggered when you read a book or watch a movie. I guess the most likely scenarios are:
1. At a party or dinner table, a few friends are chatting together, and your friend talks about a book;
2. Saw someone’s review of a movie in their circle of friends;
3. When reading an article, I saw an introduction or review of the book;
4. I saw a recommendation for a book or movie on a rating website.
All of the above are direct or indirect "word of mouth". When you are triggered, you read this book or watch this movie, and you also have your own feelings and want to express your thoughts after reading or watching it, so you spread the word of mouth for this work again;
This kind of "word-of-mouth communication" is becoming more and more numerous and widespread, and has become a powerful "consensus"; that is what Chari said: the work has created a "consensus" because of "word-of-mouth communication."
Let’s look at the second point: the founder’s skills and what he has done.
Metale founder Chari has an impressive resume: he graduated from Shanghai Jiaotong University with a master's degree and has a solid academic background.
In addition, he has 9 years of experience in the Internet industry and is the founder of Sequoia Capital's portfolio investment projects.
These rich experiences have laid a solid foundation for his development in the blockchain field and also proved his outstanding ability in entrepreneurship and business operations.
Finally, let’s look at the third point: the founder’s own thinking structure and whether the founder’s entire growth can be continuously iterated.
The Chari team's continuous exploration and innovation in the content copyright track is impressive.
From Read2N to Metale, to Tale TV;
Then came TaleX.
There are also future TaleMap, TaleAPI, TaleScan, and TaleVerse.
The two core elements of the copyright track: free creative environment + free business environment;
Chari leads the team to continuously explore iterations, innovate and change tirelessly;
Improvements and upgrades time and again demonstrate their ability to continuously iterate and their enterprising spirit.
He Yi said: I hope there will be more innovators in this industry to build confidence.
He Yi said: Don’t be a lone wolf, you need a group of entrepreneurial peers to form a prosperous industry.
He Yi said: Innovation-driven, bridging the gap, making blockchain technology popular and usable by more ordinary people.
It just so happens that Tale TV developed by Chari’s team can do two things:
1. Bringing Web2 money to Web3 — On Tale TV, people can pay directly with fiat currency to watch their favorite short dramas;
2. Introduce Web2 users to Web3 — Through the same user experience as Web2, the web2 user group can be seamlessly introduced to Web3.
Doesn’t this coincide with what He Yi advocates, namely “popularization” and “use by more ordinary people” to achieve innovation-driven development and bridge the gap?
Overall, Metale Protocol largely meets the Binance investment criteria proposed by Miss He Yi.
Of course, investment decisions are a complex process that requires consideration of numerous factors; evaluating only from these three key criteria, Metale Protocol shows considerable potential and appeal.
I hope this article can bring you some inspiration.
The original link of the interview with He Yi is as follows:
https://mirror.xyz/foresightnews.eth/MlIbZKD4fdRo6R8-UWTAEro4cYI1DNo5a9YB9Iw80S8
