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There is a term called . In crypto, an unregulated financial market, this effect is more pronounced. Homogenized gameplay intensifies diminishing marginal returns, followed by accelerated information transmission, and ultimately escalating PvP competition.
In such market conditions, risks rise sharply, and ROI continues to decline. While it was still viable before the year, now even seeing others getting rich, I personally have no motivation to participate. I'm not even anxious anymore.
In addition, entrepreneurs do not need to be discouraged. Onchain still has a long period of regulatory arbitrage opportunities. Vegas will never lack gamblers and ways to play.
Moreover, without regulation, assetization is only one of the characteristics of crypto. In the future, there may be new characteristics that will be realized by everyone.
Summarize the experience of failure and find ways to lead the trend
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Look at the strategic needs of the leaders,
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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