Guidelines on the Promising Blockchain Industry

Author: Hanson (TOP-寂寞火山)

Translator: 稀饭/白马少年/听天由己/香克斯

Editor: Rex Liu, NeoWorld Space Station,Lord of №4 Continent

I wrote an article a few days ago to predict the future development of the blockchain, although it was not written in a serious attitude, but if it really follows this script, the blockchain is really likely to open a big bull market with an industry dividend level of more than 10 years,and how should we deal with it at that time?(After the article was published, the reading quickly broke through thousands, and then it was blacklisted. If you want to check it, you can turn to BIHU: https://bihu.com/article/1944910133)

One of the characteristics of the blockchain industry different from other industries is that the blockchain has its own financial attributes, which can transform the society like the Internet industry, and can also become a capital reservoir like real estate and stock market. Under such a double opportunity, there are actually many choices we can make. In addition, the blockchain industry is also compatible with a variety of capabilities, whether you are technology, operations, marketing, public relations or entrepreneurs;Whether you are good at doing things, flicking, performing, or some unspeakable skills, you can find a place in the blockchain industry.

This article lists a few points that I first thought of, and I hope that it can throe out a minnow to catch a whale.

1、Novices, it is recommended to buy a little bit of bitcoin with spare cash. The reason is very simple, because you don’t spend money, you don’t take it seriously, you can’t learn to desire and efficiency! And the process of buying bitcoin is also the most intuitive to feel the underlying logic of the industry.

2、If the industry you belong to is already on the decline, profits are shrinking, and the company is laying off employees, it is better to jump to the blockchain industry as early as possible.

You may have heard that Bitcoin has been in development for 10 years, but in fact, the blockchain industry is at most the recovery stage after the Internet bubble burst in 2000. The future is still full of possibilities. It is not too late to enter the market!

3、If you are an investor, I suggest that you look at the development of the blockchain in stages. Before there is no real explosive product in the client-oriented market and a reliable business model in a livelihood field, It is better to speculate. What projects are hot, what do you invest in, and remember to withdraw in time after investment. When you embrace the bubble bonus, don’t be superstitious about financial products that don’t have a general consensus, and client-oriented projects that don’t have user scenarios and business models.

4、If you are an entrepreneur and you are an entrepreneur who really wants to do things, I suggest that you still have to learn first what is the blockchain. You must first think clearly, what problems can you solve with the blockchain for the user? Does the user really have the problem you imagined? The blockchain industry is a mixed, and various concepts and scams are hard to prevent, it is difficult to distinguish the real demand. I have written a long text 《What is the nature of the blockchain?, I hope I can give you some inspiration.

If you really can’t understand the nature of the blockchain in a short time, and you are hurry to enter the industry, and do things in a down-to-earth manner, and do not want to go along with some people in their evil deeds and things in the currency circle, then I suggest you to sell the ‘shovel’ first. There are many gold panning people, and you sell ‘shovels’ is sure to earn!

5、If you are an ordinary person, I still strongly recommend that you pay attention, even if you are really not interested in the blockchain industry, The reason is said at the beginning. Because the blockchain has the function of a capital reservoir, the current global economic situation is not optimistic. The traditional reservoir is generally “overflow” phenomenon. The technological breakthroughs that everyone hopes for, such as quantum computers, genetic engineering, advanced AI and so on, whici can not solve the problem temporarily. In such an extreme economic environment, it is not entirely impossible for the blockchain to become a new capital reservoir on a global scale. Once it becomes a trend, it is an unprecedented transfer of wealth, and as ordinary people, if you don’t participate, you may become inexplicably poor, and as early as possible, you may surpass those who are still struggling in traditional industries. If you can’t understand it, look at the real estate industry. the first batch of people who bought a lot of houses, how much money they earned, the power of the fund pool is unimaginable for ordinary people.

6、Apart from the areas that will be dictated by the government, where will the first truly client-oriented popular product be born? As for me, I would say it will be the online games which will repeat the traditional Internet history. Derived from the Internet and based on humanities, the online games are definitely one of the earliest successful products that embrace logical business models. Meanwhile, blockchain has furnished the games with financial features. With the inherent coin and economic system, the online games will be flourishing as ever. However, the perspectives of blockchain and traditional insight are totally different. Many teams are bewildered at the changes at first so the blockchain games seem to be stumbling along the way.

Nevertheless, I am heard that there are quite a few competent teams that are dedicated to blockchain games and exploring the needs and correspondent business models. Designing games are nothing like the shitcoins because you can never experience the product itself. Games will losing their popularity once they are badly constructed. Therefore, those teams have to stay positive and dogged in creating the future. In the gaming industry, an online game will take at least one or two years to design and three to five years to feel the market, let alone the disruptive creation.

If the direction is promising, then it is a matter of time. If blockchain games are truly the pioneers in the background, the successful teams will repeat the miracles of Chentianqiao, one of the tycoons in the gaming industry in China. At the same time, investors will enjoy the fruits just like the early Tencent and Alibaba. So it is strongly advised that other than Bitcoin and finance, we should pay attention to the blockchain games as well. It will explode at any time.

7、Due to high cognitive barrier and financial property of blockchain, the burst of this industry should be spiral and wild accompanied by various guidance from the government. Thus it is a policy market bearing both risks and opportunities with each policy modification. We’d better concentrate our attention on these risks and opportunities because even if you could only grab one opportunity, you will catch up with those early investors of BNB.

But from another point of view, we should also consider what will be unchanged in such a circumstance full of uncertainty. The policy established by government isn’t predictable for an ordinary man. But there is a thumb rule summarized by me from historical books that Productive forces determine relations of production. The human society moves forward in a natural direction beyond the manipulation of any individual or country no matter how strong they are. We will achieve our promising future if only we can distinguish this direction and survive after we are committed to it.

Lastly, if you are still uninterested in the aforementioned suggestions and have no ambition, please follow suggestion 1: buy Bitcoin and hodl for ten years.

If you need more information about the game, you can check the following links:

Blockchain and NeoWorld Enthusiast, Founder of NeoWorld Space Station.