| Impact on the market after $BTC halving
1.$BTC has now completed halving. How do you analyze the long-term impact of this cyclical event on the entire cryptocurrency market?
Halving has become a self-fulfilling expectation, or a consensus at another level. Bitcoin halving has become a popular expectation. Each round of halving in previous years coincided with a bull market in the crypto. Halving itself has become a sign with strong expectations. Each halving will greatly increase the spread of $BTC. People inside and outside the circle will actively pay attention to this event, which has always brought about price increases and strengthened the halving expectations, achieving self-realization. In this regard, I think the power of halving itself will continue and will have a long-term impact.
The second point is about the turning point of ETF. After the adoption of ETF, this year will be the first year of $BTC mainstreaming, which marks the maturity of $BTC and the recognition of traditional capital. In the future, $BTC will be more integrated with traditional finance. In a direct sense, more and more new funds will enter $BTC through traditional financial channels in the future.
In addition, with the emergence of the $BTC ecosystem, whether it is inscriptions or $BTC L2, as well as security sharing, the potential of BTC has begun to be tapped in this round. $BTC is not just the digital gold it was before. In the future, there will be more and more application scenarios to drive the real demand for $BTC. Overall, $BTC may not necessarily coincide with each halving, but it will indeed have a long-term impact, and it is a bullish long-term impact.
2. What suggestions can you give to investment users to maintain a more rational mindset when making decisions and avoid blind FOMO emotions?
You need to step into every pit yourself. Most people are anxious because of stepping into pits. We should get used to stepping into pits and know that stepping into pits is normal and necessary, then you will not be anxious. Why do I say this? Because experience and lessons cannot be 100% passed on to others, because people's feelings are three-dimensional and cannot be conveyed in a simple sentence. For example, I have also read a lot of market education examples like everyone else, but once I got into the game, I still couldn't extricate myself.
Only things can train people. Lessons without cost are not called lessons. Just experience more and you will be fine. There is no shortcut to a mature mentality. Just achieve "life is like chess, don't regret your moves".
The training of mentality lies in daily life - cultivate awareness and become the protagonist in your own investment game.
Investment should be done with a "stand-alone game" mentality. This is the method I used before, that is, to treat investment as a stand-alone money management game. First, the game can be restarted an unlimited number of times, and you can also accept your own failures. Then in the game, you also go from a small player to a big player, which is a process. Second, I am the only protagonist in the game. Except for myself, everyone else is an NPC of the system. NPCs often send how much money they have transferred, thereby interfering with the protagonist's mentality and leading the protagonist to lose money out of control.
Treat everyone except yourself as an NPC in this money game. There is only myself in this game. In this way, who will compare the profits of the NPC? Without comparison, there will be no anxiety. Without anxiety, there will be no FOMO. You only need to focus on your own upgrades in this game.
| Web3's 1995 Moment: Decoding Intent Infrastructure DappOS
1. Recently, dappOS, which has become the leading project in the intent-centered track with a valuation of 300 million, has received support and investment from top institutions such as Polychain, Binance Labs, and Sequoia Capital. What are your expectations for the future development of dappOS and its influence in the intent track field?
First of all, I think the intention track is a very good track, but no one seems to talk about this topic much, so before talking about this, I want to talk about a topic called: sense of contrast!
In the investment field, some people like to talk about trends, but I prefer the "sense of contrast". Trends are important because they represent popularity and wealth effects, but trends that are seen are not necessarily major opportunities. Major opportunities only exist before trends, in the sense of contrast that no one can understand. Only contrast is usually a shortcut to making a hundred times the money.
At this stage, the trends that everyone is talking about are such as DePIN, AI, etc., but in fact, these are very popular tracks, but they may not necessarily make good profits. Therefore, in addition to placing the main assets in #BTC and stablecoins, 10% of funds will be used in each bull market to play with the sense of contrast. In other words, tracks or tokens that are not noticed by everyone, but are likely to form a trend explosion.
Many friends know that I pay more attention to the intention-centered track, that is, the intention track. I think this is an opportunity that is developing quietly but has great potential. I have written several related research articles before:
For example: ERC-4337, abstract wallets, and chains are more abstract, so I first feel that the intention track is a track with a very contrasting and extremely explosive feel.
Back to dappOS, after dappOS completed this round of financing, the investment lineup is very luxurious, including Polychain, Binance Labs, Sequoia China and OKX Ventures, which can be said to be the leading projects in the intended track. In particular, Polychain Capital has performed very well in recent investments, especially in the investment of EigenLayer, Celestia and TAO and other projects. In the new market cycle, Polychain Capital is in the limelight and accurately deploys leading projects in various hot tracks.
I find the dappOS thing very interesting, because even in the world of web3, whoever can transfer value more efficiently and conveniently will master the wealth code of the crypto era. Specifically, dappOS is an intent execution network, an infrastructure for the intent track. It converts intents of specific value into on-chain results by creating a bilateral market. On the one hand, service nodes pledge collateral to provide various intent execution services. On the other hand, it provides developers with an infrastructure to efficiently generate intent tasks to meet users' needs to convert intent into on-chain results. dappOS has its own unique underlying mechanism OMS, which is optimistic minimum pledge.
2. What are the advantages of the optimistic minimum staking (OMS) mechanism proposed by dappOS in terms of security and execution efficiency? How do you view its potential impact in practical applications?
First, this is a new safety mechanism that is very suitable for intention tasks. This mechanism requires that the intention tasks are value-specific, which means that when these tasks fail, users agree to accept a predetermined amount of compensation; if the task fails, the network will reach a consensus on cutting the relevant service providers to ensure that each task is either successful or appropriately compensates the user.
Second, since the rigorous verification process occurs after the task is executed, users can benefit from high speed, while the network can adopt a very decentralized and strict verification strategy, with security and speed coexisting.
The establishment of this infrastructure enables seamless conversion of user intent and on-chain results, and drives the emergence of a series of revolutionary scenarios.
3. How do you evaluate the concept of intent assets introduced by dappOS?
dappOS innovatively introduces the concept of intent assets, which can be used seamlessly in different scenarios, and the complex details behind them are handled by the intent execution network of dappOS. In simple terms, we can understand intent assets as "Yu'ebao" in Web3.
For example, dappOS will issue intentUSD as the intent asset of the US dollar stablecoin, which can be used as USDT when the user needs to use USDT, and as USDC when USDC is needed, and automatically earns income when it is idle in the account. This type of asset solves the biggest scenario problem of stablecoins and LSD assets, and makes it unnecessary for new users to understand the difference between homogeneous assets such as USDC/USDT.
4. What key role will dappOS play in promoting the popularization of blockchain technology, reducing technical barriers and improving user experience?
Suggested narrative logic: dappOS helps various Web3 public chains and dApps lower the threshold for users to participate in the use of cryptocurrency, and even make it impossible for users to perceive the existence of blockchain.
DappOS gives me the feeling that it is the core infrastructure of the intended track
All you need to know is that the ultimate goal of these concepts is to deliver value more efficiently and conveniently, significantly lowering the threshold for users to participate in the use of cryptocurrencies, and even making it impossible for them to perceive the existence of blockchain.
5. Given dappOS’s breakthroughs in infrastructure and intent execution, does it really have the potential to usher in Web3’s “1995 moment”?
I think this is possible. The first level: the turning point of the Internet's "1995 moment" came from two core factors: one is the TCP/IP model, and the other is the graphical operating system.
Especially the graphical operating system GUI, its optimization of computer operators at the intention level is similar to the optimization of blockchain operators by dappOS. Before GUI, computer users had to use command lines and multiple intermediate steps to complete their intentions; after GUI, they can complete their intentions with a mouse click, the threshold is greatly lowered, and the number of users is growing rapidly; before dappOS, blockchain users had to use wallets and other tools to perform multiple intermediate steps to complete their intentions; after dappOS, intentions can be completed in one step
As cryptocurrency continues to expand, more and more groups outside the circle will join, but the threshold of cryptocurrency has blocked them. The emergence of dappOS has broken all the complexity. In the future, with the participation of more users and developers, dappOS has the potential to become a key hub and underlying infrastructure connecting various Web3 applications and services, just as Windows 95 did for the Internet in the past. When various Web3 applications enter the market in the future, they will see dappOS, a threshold that they have to cross. In this way, dappOS can obtain the authority of the entire ecosystem from top to bottom, completely open the entry channels between the outside and inside of the circle, become the ecological infrastructure of the new era, and start the "1995 moment" of Web3.
