
Lucas|Jun 29, 2025 17:02
I have started several cryptocurrency projects before I was a minor, including Dex and NFT (on BNB Chain). In an era where issuing coins could make me rich in millions or even tens of millions, I failed. I deeply understand that entrepreneurship is very difficult. In addition, my whole family is in China, and under the premise of unclear policies, if I have the opportunity to obtain Hong Kong status and move my whole family to Hong Kong, I am likely to consider starting a real business. Otherwise, it would be irresponsible to my family and my own future
But I believe that a good entrepreneur should be responsible to investors, including VCs. The investors referred to here are what people call leeks. In traditional financial markets, the stocks you hold to a certain extent will be disclosed because you are a shareholder
Of course, except for Meme, I don't think it's a good way to deal with projects that take a few minutes, hours, days, weeks, or months to ship and return to zero (of course, I can't change anything)
In addition to these, entrepreneurship also requires a group of like-minded brothers. Alibaba has 18 Arhat
There are too many aspects to search for, including understanding products, technology, marketing, investment flow, law, and personnel
In the early stages, equity and options should also be given (if they accidentally grow in size in the future, will there be any pattern of redemption)
We also need to be responsible to our employees. Behind every employee is a family of five, and the cryptocurrency industry has always been a dark forest. If it is accidentally stolen, do we have the ability to pay our employees? If a project is stopped and declared a failure, do we have the ability to provide enough severance pay to support our employees until they find new jobs
Everyone says that boss Li Lin is good. Every employee in Laohuoqian, without exception, says that boss Li Lin is good. When major companies are trying to find ways not to compensate, Laohuoqian employees can get N+1 even if they have not practiced
Even the management and the leaders of all departments graduated from the old hot coin and wanted to start a business. There was no problem in the fundamentals. Li Lin might invest a generous sum of money
My first job five years ago was small community operation of Huobi, which could not be smaller. It was founded by the CTO of Laohuo Coin and was the only exchange jointly invested by Huo Coin and OK
In short, starting a business is difficult, being an entrepreneur is difficult, and being a businessman is easy
Success is difficult, running away is easy
There may really be a reward mechanism for criminals in the cryptocurrency industry
Whether it's the big brother in the industry or the early big brother who started making money through ICO, without exception, they have all gained huge wealth
However, in the early stages of carefully polishing technology and making products, too many may have died
To encourage everyone, in today's cryptocurrency industry, issuing coins may not make money, and products and chains are good exports. However, there is still a high possibility of failure. Of course, if you aim to harvest, you will definitely make money
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