The cryptocurrency industry has reached its most dangerous moment From technology innovation driven to revenue driven, the cryptocurrency industry has been quietly transforming. The community dispute caused by the two exchange owners is essentially due to the scarcity of high-quality altcoin assets in the current cryptocurrency market. Everyone knows that memes carry great risks. But many people also believe that besides meme coins, there are no other assets that can provide opportunities for sudden wealth. In fact, the dozens of hundredfold or hundredfold coins in the cryptocurrency industry over the past decade were initially due to their genuine appeal The characteristic of a person, rather than their initial intention, is speculation. This is certain, and one should not think or judge the person who bought it at the beginning just because these coins later became inactive. It is better to buy speculative coins without judging their essence. It's like everyone will die, but you can't just smoke and play negative every day. Now the cryptocurrency industry has reached its most dangerous moment, VC Story Coin Stinky Street. How should we go? Many people say that compliance is the only way out. Wrong, compliance is just a way out. After getting on the road, can we reach the finish line? Compliance is just the foundation. The key is to have high-quality assets. Do you still have high-quality assets now? Everyone will say no. It's easier to understand this statement because group thinking is more like that. But as an exchange and industry leader, we cannot think like this. from the first small beginnings one can see how things will develop. There is gold in sandy soil, and oases in deserts. This is the iron law. Why is the community disappointed with the cryptocurrency industry at present? No new funds, no one to pull the market, all zero sum games, good stock market Why is the stock market good? Essentially, there are high-quality assets in the stock market. You can't think of funds as fools, can you. Funds are the smartest, how can we get them without high-quality assets? Why are there no high-quality assets in the cryptocurrency industry? What are high-quality assets in the cryptocurrency industry? Funds only like to invest, and high-quality assets need to be jointly discovered and provided by cryptocurrency exchanges and KOLs. In the past year or so, almost all of the new projects on the exchange were dream projects that cleared inventory during the VC era of the previous cycle. They had a market value of billions of dollars and were supported by VC, but their revenue remained zero over the years. Instead of wasting energy on the debate between compliance and meme, it's better to explore the present on the basis of compliance. Since the VC market is tired of recruiting funds for its dream projects, why go to extremes and just meme? Meme was originally a part of the cryptocurrency industry, and there are also many meme projects in the stock market, which is also very good. Everything is on the road. But the big problem in our analysis of the cryptocurrency industry is that the stories told by the project team and VC joint efforts have not been realized. So returning to this underlying cause. Discovering truly profitable project partners in the market is the focus that the entire industry should pay attention to, especially industry leaders. Funds are smart. There are at least a hundred projects like this. Some wallets have an annual income of up to 50 million US dollars, while others have an annual income of tens of millions of US dollars from cross chain infrastructure. Too much gold like this is in the desert. In the stock market, cryptocurrency projects with annual revenues of tens of millions of dollars are valued at around 30 times ps. In the cryptocurrency industry, compared to promotion and exchange relationships, many of these projects have a PS of around 2 times. In reality, if people in the cryptocurrency industry cannot quickly lay out "real" projects. These undervalued projects are likely to be privatized and listed on the stock market. If this continues, what else is left in the cryptocurrency circle?