Why are all original projects in the Ethereum ecosystem?
In the currency circle, whenever a technology project (blockchain technology project) falls into a trough, funds will swarm out, which has almost become a constant law in the currency circle.
Recently, the DeFi projects in the Ethereum ecosystem have fallen terribly, including leading projects in various fields, which have already experienced a large decline.
At the same time, a series of fund projects have emerged in other public chain fields. These projects have stated in the publicity materials that the projects adopt a hierarchical system, and the benefits of old users come from the investment of new users. It is also an obvious fund.
The income of this type of project is astonishingly high. Many participants know that this is a fund market, but they still plunge into it under the temptation of profit, thinking that they will definitely not be the last player to take the offer, and that they will definitely be able to get out , take a profit and exit.
Not long ago, PlusToken, a fund project that once caused a sensation in the currency circle, just closed the case. Project core team members were sentenced to fixed-term imprisonment ranging from two to eleven years.
When PlusToken was in full swing, how many obsessive participants believed that the project had "value", and how many players who knew the truth of the project but "knowing that there are tigers on the mountain, prefer to go to the mountain" thought they could get out of the whole body, but the end was nothing .
The lesson from the past is right in front of us, and I still want to advise everyone not to participate in such a fund. Participating in such a fund market, most of the participants will lose their money, and the project party will not be able to escape the law.
At the moment, it is obvious that the truly valuable projects are oversold, and the projects that seem to have an astonishingly high annualized rate of return are obviously pitfalls. At this time, we should have a clear head and decide what to buy and what not to buy.
In the short term, the rise of funds seems to be able to drive the popularity and popularity of an ecology, but in the long run, it will destroy the foundation of an ecology's development, because this kind of short-sighted approach is a typical opportunism.
As the saying goes, "Things of a feather flock together, and people are divided into groups." In social life, people with the same hobbies tend to get closer together. In the currency circle, if more and more capital projects are gathered in a public chain, then this public chain will also become the capital of the capital market. When bad money drives out good money, projects that truly innovate and solve problems will leave the public chain.
This is why some public chains, no matter what kind of marketing methods their teams use, in the eyes of many people, they know that they are plucking wool. It's just cheap.
I have mentioned in many articles that Ethereum is the king of the public chain, not only because of its healthy community governance, but also because of its good ecological atmosphere. Ethereum.
This is why the most innovative and original projects, regardless of DeFi or NFT, are born on Ethereum. Even the Binance Smart Chain, which was developed later, has to find a way to be compatible with Ethereum's token standards, so that your own The product can communicate with Ethereum.
I believe that the emerging fields in the future will still be born in Ethereum first,Therefore, grasping the ecology of Ethereum will grasp the development trend and leader of the entire blockchain public chain.
