I have shared a viewpoint with @ YettaSing before, which is that although the current market is not good, the direction of entrepreneurship is indeed the clearest. Stable coin payments, market forecasting, and everything on the chain are all new blue oceans, and there is definitely a PMF path. A strong team can make good products in these competitions, and they will definitely get financing and be used by others. Whether it succeeds or not is Another Story, but at least it will not become a pure narrative disk in the previous round. Thinking back to two or three years ago, I talked to a foreign BTC L2 team who were doing "BTC EVM Rollup". I asked the Founder, "You've already rolled up, why do you have to roll to BTC? Can't ETH? And there are many EVM Rollup L2 on ETH. What is the reason for you to roll to BTC? BTC L1 also does not support smart contracts. He replied that BTC is safer than ETH! I It should be difficult to obtain financing for projects like this now, as neither venture capitalists nor individual investors are willing to pay. In the future, the market will pay for projects that can interact with the real world and reduce costs and increase efficiency for traditional finance I saw today that the @ allscaleio digital bank led by @ yzilabs is taking this route. After watching their video introduction, I feel like I'm at least on the right path. The three main directions I predicted at the end of last year - PayFI, AI Agent, Meme - should have been thought of by the team to some extent Firstly, if you agree with Xiao Maoge's theory of super individuals (what, if you haven't read it, hurry up and learn on Xiao Maoge X), even if you haven't read it, in today's increasingly powerful AI, you shouldn't doubt that companies with thousands or tens of thousands of people in the past will become fewer and fewer in the future. Nowadays, small companies with dozens or even tens of people may be able to handle tasks with just three to five or even one person in the future. In the next 10-20 years, there will definitely be more and more freelancers, including super individuals with exceptional abilities. These people, with the help of AI, can do your entrusted work well anytime and anywhere, and they may come from China, the United States, or underdeveloped regions such as Africa and South America. After all, as long as there is a mobile phone and internet, AI can serve everyone So the question is, as global freelancers support more and more economic activity and GDP, what should be done with payments and various payment related matters? Stripe/Airwallex Bar - With high account opening requirements, strict review processes, and the possibility of account suspension at any time, traditional banks are no exception. The payment cycle is long (3-7 days), the transaction fee is high (2.9%+), and there are still 1.4 billion adults worldwide who do not have a bank account. Crypto is certainly the best choice, but you can't expect all economic activities to be like KOL Jieguangzi, 'Teacher gives an EVM address' and then sends it over to make money. Not every Freelancer has a Binance account, nor does everyone use Metamask and Phantom, let alone mature economic activities that require a series of supporting facilities such as invoices, transaction history, fiat currency deposits and withdrawals Taking tourism as the most common scenario, in 2023, there was an ABCDE Bali team building event. Before going there, I downloaded Wise in advance to meet some of the local card swiping needs. But when tipping taxi drivers, hotel staff, and delivery drivers, they still have to exchange some US dollars and local Indonesian rupiah at the airport. Often, when they run out of small amounts and encounter unexpected situations where they need tips, they feel embarrassed and sometimes have no choice but to give a large amount directly. At that time, I was wondering if you could give me a Binance UID or wallet QR code? I'll give you a 2U tip! But is it possible? At least that time, even now, it wasn't very realistic In short, the ecosystem of allowing anyone around the world to receive and pay with stablecoins in just a few minutes without the need for a bank account or complex mnemonic phrases, and quickly issue an invoice, is still lacking Allscale is essentially what it does, don't understand it as a wallet, it's more appropriate to understand it as a lightweight on chain digital bank 1. Support USDT/USDC instant payment, with instant receipt in seconds 2. No account ban risk, true self custody (passkey generates on chain address, system does not save private key) 3. One click generation of professional invoices with tax rates, discounts, and notes, allowing customers to make payments without holding crypto 4. Cross border payment and collection workbench designed specifically for "lightweight business activities" At present, we have reached deep cooperation with multiple African communities such as Skill Afrika (the largest freelance community in Africa), and will enter the South American market next month. Gas fees will be capped or subsidized, so that every transaction of a few dollars will not become uncontrollable due to network fluctuations In addition to Yzi Labs leading the investment, the team also has strong technical capabilities, including talents responsible for global payment and account system architecture of large companies such as IBM and Amazon. In terms of compliance, the team has experience in crypto payment compliance for Square TBD projects and Kraken's Krak stablecoin digital banking. The team also has senior product managers from TikTok and Capital One, making it a hexagonal team. In terms of market expansion, AllScale has demonstrated strong tactical literacy. The team has gathered senior global marketing operators who are well versed in HP's channel sales expansion strategy and know how to quickly penetrate the market through B-end partnerships; At the same time, it combines Dell's Direct Sales gene and can directly reach global SMB users with extremely high efficiency. Just as with banks and Visa, in the era of e-commerce, we still gave birth to PayPal. The existing Crypto Infra has matured, but there is still a lack of a "consumer level payment application+merchant payment solution" like PayPal that can truly reach a large number of Freelancers and merchants in the payment field. Allscale is at least on the right path. The ASP points system has just been launched, and you can earn points by completing simple actions such as registration, invitation, sign in, and payment. While grooming, you can really use it yourself. Why not do it