The essence of memecoin's explosion is the result of the lack of innovation in the industry. It is the result of the high expectations of the elites under the rounds of high-sounding concepts CX, but the counterattack after being falsified and harvested

Since a16z, the industry leader, has criticized memecoin, let's take a look at what highlights have emerged in this round of "value" sector

I would like to take this opportunity to translate for you what "value coin" is

It can also be regarded as seeing the true face of some VCs

Demystify the so-called high-sounding technical terms

See how these people sell air at sky-high prices on the exchange for you to take over

●BTC Layer2:

A side chain was launched in the name of BTC

It is actually different from those "Ethereum killers" that once boasted but ultimately failed, including but not limited to NEO, BTM, EOS

and those ETH that used ETH as gas while taking advantage of themselves as value (kong) (qi) Layer2, including but not limited to ARB, OP

●Staking/Restaking:

You take over the air NFT controlled by the strong dealer from the project party at a high price, lock the position/stake to reduce liquidity, and it is convenient for it to dump the market and ship. The return is to give you 5-10% interest

You pledge the BTC/ETH you have worked hard to accumulate to the project party. It nominally quantifies the Delta neutral strategy arbitrage, but in fact it is to open contracts for those gamblers of Liang Xi's level. If you win the bet, you will get 5-10% interest, and if you lose the bet, RUG will run away

●Various 404 picture currency concepts

Blur's zero royalty smashed the pot of NFT project. In the past, it was a direct mint of white orders. If there was popularity, they would earn royalties and win. If there was no popularity, they would just lie down and flatten the boat. If it didn't work, they would just issue another one. There was no motivation to buy back chips and pull the market. After all, no matter how high or low the price was, as long as there was popularity and transactions, they could collect money.

Now this logic doesn't work, so they simply come up with a liquidity solution to facilitate the project party's secondary buyback and pull the market to make trouble. After all, only when you get on the train will you have the motivation to do things. However, NFT is still dead silent, and it's hard to say whether it can survive this round...

●DePIN

Produced in Shenzhen, you know the "king-level" project FIL? Now you are laid off and re-employed, and find a new way out for the mining machine manufacturers with excess capacity in the manufacturing industry.

So I really like Alex Becker's previous evaluation of memecoin. Anyway, everything is just a wealth transfer under the banner of technological revolution. Why don't we bet on the relatively fairest and relatively brainless scam?

Now you have two choices:

1. Take over the exquisite ponzi packaged by VC, boast about various technologies and ecosystems, and then sell it to you for 3 billion US dollars on the exchange

2. Go to the chain to directly tell you whether it is a cat, a dog, or a shit ponzi, ranging from millions to tens of millions of dollars, and then let others take over

Which one do you choose? ?