I divide the currency circle into three main groups: 90% currency speculators, 9% DeFi dividend earners (including miners), and 1% hair-raising people.
In my opinion, the currency circle can be seen as institutions joining forces with dividend makers and profiteers to jointly harvest the wealth of currency speculators. If you invest 5,000 yuan to become a currency speculator, you may lose everything due to contract experience in just 10 minutes.
If you want to be a dividend earner, you may not have enough capital. So, how should you choose? Don't hesitate to join the team of hairdressers now.
In essence, hair-pullers and currency speculators are not competing on the same track, but in the currency circle, they are both investors. Therefore, if your question is how to earn 1 million yuan from a 5,000 yuan investment in currency speculation, this article may not be able to give you the answer.
First, we need to understand what Web3 masturbation is. In the currency circle, centralized exchanges (such as OKX, Binance, Huobi, CB, etc.) are secondary markets, and all tokens that are not listed on centralized exchanges can only be listed on decentralized exchanges (DEX). Transactions on the Internet, these all belong to the primary market.
So, what does stroking hair mean? The official name of Lumao is airdrop, which refers to formal financing projects that have not yet been listed and are in the construction stage.
We are in a zero-tier market! Here, we need to understand a common sense: What is a formal financing project? Because in the currency circle, you only need to spend 5 minutes copying a line of code to issue a token, and then conduct circulation transactions on DEX. This is the so-called local dog project, also jokingly called group entrepreneurship.
For formal projects, they require funding to build. It is obviously impossible for project parties to fund themselves, so they need to seek financing from investors (such as VC). They can't just lie to people with empty words, right? Therefore, they need to provide data to prove to investors:
You see, my project traffic, popularity and on-chain data are all very good. You will definitely not lose money by investing in my project. So, where does the project side’s data come from? This is the core of Lumao: acting as slaves for the project (we jokingly call ourselves Web3 slaves).
As long as the project party gives us a task, we must complete it even if we die in front of the computer until we meet the project party's requirements. After you complete the required data for the project party, the project party can obtain financing from VC. So, how to realize this funds? We know that the ultimate goal of the project team is to make money.
In the currency circle, how do projects ultimately make money? That is issuing coins. The ETH, BNB, HT, DYDX, ARB, HOT, OP and other tokens you see now are all issued in this way. When a project wants to issue coins, it will take a snapshot of all on-chain data related to the project, and then distribute wages to participating wallet addresses based on these data. #BOME #sol
