Yan Xin, co-founder of Sign (formerly EthSign), stated in an interview that coins and communities are a pair of binding relationships. If there is a coin but no community, the coin is destined to go to zero. Coins themselves have no intrinsic value, and their value comes from their circulation and consensus in the community; Some VCs are promoting the Utility Token theory, which means that as long as there are products and users, a coin can be supported. However, I think this is completely empty talk. Almost no coin's success is supported by Utility, and it is almost entirely driven by the emotions, popularity, and recognition of the community; Since 2017, the discourse power of the entire encryption industry has actually been hijacked by VCs, and many projects have not spent time building real communities, but instead focus their main energy on "maintaining relationships with VCs". read the whole passage: https://mp.weixin. (qq.com)/s/_pb45jTMA4-BgGa2ztdCcg