ZhongJie: The biggest challenge in the bear market is that fewer users participate

Coinlive live report, Head of Product Moledao ZhongJie said at the offline event hosted by Coinlive and moledao: The biggest challenge in the bear market is that there are fewer participating users. At present, the market value of various projects looks good, but the liquidity is somewhat In addition, there is a lack of some specific innovations in application products, and a part of the infrastructure is also missing, which leads to the fact that many ideas and commercial attempts cannot achieve the desired results, that is, there is no way to match them. A broader retail approach. So opportunity is here. Because the industry is impossible without bubbles, but it does not mean that the industry itself should be overthrown. Another angle of the bubble is the problem of the underlying infrastructure. Some relatively capital functions restrict the development of the market, and the market needs some new technologies. Drive market development. Regarding the FTX event, ZhongJie believes that this event is a very negative event, and it will also have a long-term impact on NFT. However, from the perspective of future construction, the FTX event will not have much impact on the industry. Restoring investment confidence in this area will require a long-term process.