Analysis and Development Path of the Crypto World Ecological Chain

The crypto world ecosystem can be likened to a pyramid structure, divided into three levels: upper, middle, and lower, with each level further subdivided into three tiers. Ascending is not an easy task and usually requires support from higher levels.

Upper-level Players

The first layer is Wall Street sharks, who started entering the market after 2020.

The second layer includes large exchanges and top incubators, such as a well-known exchange and a famous venture capital firm. The latter invests hundreds of millions of dollars and continuously expands in scale for management fees.

The third layer consists of well-known fund managers, exchange owners, etc.

These people are responsible for setting the rules and creating hotspots, such as the rise of concepts like DeFi, and then spreading it through lower levels.

Mid-level Communicator

The fourth layer consists of larger incubators and top-tier quantitative funds, requiring at least one hundred million dollars in cash to establish themselves.

The fifth and sixth layers are progressively downward funds and exchanges. The sixth layer is the endpoint for most retail investors, possibly a large fund director managing tens of millions of dollars, who has a certain influence in the crypto world.

These three layers are responsible for conveying the upper-level concepts to the lower-level users.

Lower-tier Users

Mainly ordinary retail investors and end users are responsible for taking over.

The operating model of the entire industry: the upper layer creates, the middle layer transmits, and the lower layer takes over.

Differences in Capital between the East and West

Capital from the East and West operates in the market like parallel universes. For example, last October, Eastern capital focused on Bitcoin's second layer and derivatives, while the West concentrated on certain emerging concepts. The two sides did not acknowledge each other, leading to a breakdown in the dissemination chain, which affected project promotion and user acceptance.

If we can break down this information barrier, we can gain arbitrage opportunities. But this is not an easy task; the industry information is highly closed, and it requires deep involvement in the crypto world to establish connections.

Suggestions for Entering the Crypto World

1. Look for areas of interest, not just for the sake of making money.
2. Participate in offline events to build connections.
3. Carefully choose job positions and prioritize those with development prospects.
4. Look for big shots or peers with their own models to collaborate.

Project Operations and Investor Relations

1. At the initial stage of the project, the interests are aligned with those of the investors.
2. Resource allocation is crucial, such as the large exchanges mentioned above.
3. Prioritize the interests of early investors.
4. Reasonable distribution of benefits, comply with industry unwritten rules.
5. Handle user relationships with caution to avoid being overlooked after the launch.

The Development Path of Young People

1. Enhance cognitive level and broaden horizons.
2. Cultivate true emotional intelligence to create value for leadership.
3. Focus on character and the ability to create value.
4. Seize the opportunity and develop independently in a timely manner.
5. Maintain a sense of hunger and ambition.

Balancing the Development of Web2 and Web3

1. Do not completely give up on Web2 while developing Web3.
2. Allocate time wisely and set clear goals.
3. Consider development comprehensively, including money, cognition, and connections.
4. It is recommended to intern at the company first to systematically understand the industry's operations.

Enhance Web3 Employment Competitiveness

1. Pay attention to social skills and resource acquisition capabilities.
2. Balancing the development of technical skills and social skills.
3. Understanding the core of the industry lies in economic and resource management.

Build a Professional Network

1. Proactively contact important figures in the industry.
2. Join high-quality social groups.
3. Showcase your own value and seek guidance.
4. Keep working hard and maintain a humble attitude.
5. Cherish every social opportunity and keep learning and growing.