jakiro
Author: Cryptohowe.eth Source: X,@Weihaoming
As the first large -scale event in China this year, it is also the first time to write this small composition from a VC perspective.Let me explain why I will summarize this meeting into three Ponzi haha.At the same time, it is necessary to declare that this article only represents personal point of view, NFA.
one,Industry chapter
1.VC is one of the windmills of everyone’s judgment of the track
Whenever they talk to people that they do Researcher at VC, everyone will ask for a question: Which track do you look like recently?
This actually indirectly illustrates that everyone’s view of VC is in a more important position. They will use the views of major VCs as one of the criteria for judging whether their views are correct.After all, this is a relatively simple truth: where is the hot money and where the mainstream market is. Even if there is a rotation of the sector, it is just flowing between different funds.
2. Bitcoin ecology is still in chaos
It is undeniable that the Bitcoin ecology is one of the current fire tracks, but the current development of the Bitcoin ecosystem is more willing to compare it as a chaotic state at the beginning of Pan Gu Kaiguan.
One is that in the current entire Bitcoin ecosystem, the main types of asset agreements are mainly based on various types of asset agreements, and the real application of actual application is still scarce. Most of the contents of everyone are still talking about narrative, narrative, and narrative.
The second is the competition of another mainstream narrative BTC L2, which is at the stage of fighting each other in major projects.Among them, we can see a very interesting phenomenon. The development of the BTC L2 project is divided into two factions. One faction is to engage in traffic and then infrastructure.The relationship between.So who can win in the end is a point worth observing.
The third is that Merlin Chain personally feels that it already has a great right to speak on behalf of the BTC L2 track. After passing the early wave growth method, it has attracted huge traffic and users to enter.Sample means to liquidity, leave users, or have some practical ecological projects.The choice of Merlin Chain and what the subsequent ending is in the end, and whether the BTC L2 really has demand, these are worthy of our learning reflection from it.
3.Depin and AI are the two tracks that mention the most
Unlike the current Bitcoin ecosystem, almost all of them are playing in the Chinese circle.DEPIN and AI are two tracks that are concerned about the Chinese circle and overseas. They are also really practical and more likely to land.DEPIN solves the problem of waste of idle resources and useless resources for small and micro resources, and AI assists to solve duplicate work, meaningless work, and improve efficiency.
DEPIN has a concrete manifestation of Web3, which was originally invisible by combining real devices, and AI, as a hot industry in the past two years, is a natural combination with the blockchain.DEPIN + AI is more in line. DEPIN helps solve AI’s computing power, data, storage and other problems. AI uses DEPIN devices to make various attempts, such as model training, data label, AI Agent, and so on.
4. KOL & GT; VC or VC & GT; KOL
During this time, we can often hear a sound: the KOL wheel of project financing has begun to increase, and even the advantages of the KOL wheel will be greater than the VC wheels, low valuation, short unlocking cycle, and so on.
For this, we need to realize that VC is essentially a service industry. They consider how to maximize the income for the LP behind.The relationship between the army.A good VC will form a set of investment logic internally, adjusting its own investment strategy and corresponding post -investment work according to this logic.
At the same time, a good investment actually values the effect of post -investment work. How to help the project party take less detours, step on the off -the -right place, and how to release related favorable good.That’s it. These tasks are quite high for investors’ capabilities.
Therefore, I believe everyone has judged about KOL & GT; VC or VC & GT; KOL.
5. The current market is in a Meme stage
As mentioned earlier, I will summarize this conference to “Ponzi, Ponzi, Ponzi”.It is more personal understanding of the current market state. It is currently in a Meme stage, namely speculation and expectations.
Recently, the hot tracks mainly include Bitcoin ecology, DEPIN, and AI, but when we look at the essence on the surface, we will find that most of the current projects are still speculating.There is almost no.Of course, the same is true of other tracks, which is not the phenomenon that exists in the mainstream track.
For some simple examples, why is Merlin Chain so hot now because of the wealth effect, or because of a good ecology on Merlin Chain, or because the narrative of the BTC L2 is very popular; the decentralized computing power project in DEPIN is connected to the endHow much real equipment, how much the computing power of each device is used, is it really helpful for the real world, does anyone really use these computing power, or just talk about it; how much is the AI model training, how much is there?It has been put into use, and how much help to everyone is indispensable, or is it possible …
Of course, these are normal phenomena. The ecological development of a track is destined to be a long -term thing. It is impossible to come up in one step.Here we want to say that we should realize what stage we are at present and what time we should do is what we should think.
2. Life
1. Emperor banknotes
When we WeChat Alipay travels to the world in the Mainland, banknotes are still a must -have for travel in Hong Kong.Although Octopus can basically solve most of them, there are still some buses or restaurants still only collect cash, and Octopus’s value -added can only use banknotes.
2. High -level Lego Blockbuilder Correction Division
Although it is Cantonese, it is also the first time to come to Hong Kong. The architecture of Hong Kong belongs to the maximum of idle resources in a small space.The distance between the building and the building is very short. It is as short as that the two households may open the window to pass things; except for some large intersections, the number of intersections is more and the distance is short.It is directly connected between the building and the building.In this way, I also realized that everyone often said that life in Hong Kong is really too depressed. When I walk on the road, there will always be a feeling of being suppressed on my heart.
3. Other
Here are some small details observed when you catch the road:
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Different from the Mainland, the intersection of Hong Kong will use large fonts to indicate the direction of the traffic flow (looking left/looking right).
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The upper and lower mouths of the subway stairs will be equipped with some convenient elevators (not the kind of elevator alone, but on the handrails of the stairs) for some people with inconvenient walking.The usage rate should be very low
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On weekends, you can see many Filipino maid sitting sitting on the floor, open land, etc., chat and rest
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The urban environment is still good. I rarely see garbage on the ground, but the same, I rarely see that there are trash cans on the road.
three,Personal perception
The participation was obviously a lot less than 2049 last year, and the project party at the venue was basically Chinese projects, and there were few overseas projects.At the same time, there will be a lot of people who will go to various venues to listen to. Everyone starts to realize that the high -quality information that the conference can get is always the least. Only a small game is a place to talk about major issues.
In this year, I can feel that I have been different from last year. From a small and transparent last year, to now I know something, it also shows that my efforts are not in vain.Personally, I feel that I am more lucky. I came along, and there were many predecessors’ guidance and teachings.
However, there is still a long way to go haha, including that after coming to VC, we can deeply understand that investment is a very particular about learning and changing industry. It must have a full understanding of the history and industry status.The future trend and development will be laid out in advance.What time do you do? This sentence is simple, and it is not easy to do. It can be said that success or failure is here.At present, what I lack most is Zhixing and Fingulia, which is not keen enough for market changes, has not implemented the action, and controls the secondary market.At least now I can clearly know that I must not do short -term materials haha.
Just this year has just begun, and there are still many things to do. Near graduation, you must continue to speed up your own pace, and strive to make yourself be pulled to more small games next year.The road of web3 goes further and further.
