Taking advantage of the exchange traffic war to lay out the next stage of the Inscription bull market

Author: shaqima Source: X, @daji_357

Brief

The content of this article comprehensively shares my experience in the market from the two levels of large market cycles and small project cycles. Various reflections during the "Ox 1-2" stage of the inscription from May to the present.

Including but not limited to: the logic of personal prediction of exchange behavior; thinking and decision-making about project selection in the future stage; ways and means to find the latest first-level projects.

Waiting for others to feed you news, you will always be the receiver. It is better to become an Alpha player.

In line with the original intention of teaching a man how to fish rather than teaching him how to fish, I share my personal views, not investment advice. I hope the content can help more people make a little money. money.

Content summary:

1. Bitcoin Ecology Is it really only the exchanges that are driving the explosion? Who is the first echelon of the Bitcoin ecosystem?

2. How to lay out the next stage of the Bitcoin ecosystem?

3. What methods are missing between you and Alpha players? How do big V

find projects with alpha potential? (Purely dry stuff, including tools)

"All things are created together, I will observe them" Chapter 1, taking history as a mirror

< p style="text-align: left;">To sum up 2023 in one word, it should be [volume]. Because I am keen on paying attention to and analyzing the competition for domestic e-commerce platform traffic, I am very good at this time. The battle for WEB3 inscription traffic is unpredictable.

From the beginning of the prediction of Binance’s ORC20 marketing behavior, to the heavy position in OKB in May, and the subsequent bargain-hunting ORDI, most of them benefited from this.

The 13-year e-commerce boom to today’s live streaming of goods, from Sequoia’s strategic investment to Alibaba’s business model layout, can be said to be in line with today’s The craze for inscriptions is exactly the same. This will be discussed in detail later.

If you ask about the trigger of the Inscription Mavericks in May, most people’s answers will be that it is OKX. Bull Fuse Answers Adds Binance Boost from OKX Boost.

The answer is correct, but not entirely accurate.

If you are lucky enough to be a magic fan, then you should know a trick: "The only function of big movements is to cover up small movements. And the key effect always depends on the preparation of small actions."

Those apples, doves and flowers that appear out of thin air are never displayed forward. What is determined by the left hand is the right hand that the audience cannot see.

BRC20 in May was a wasteland, and early BTC NFT

is not It was the right hand that we ignored at the beginning, the emergence of NFT (Ordinals) in the Bitcoin ecosystem. Like a stone striking water, most technology developers saw new enthusiasm. This was the fuse.

The emergence of BRC20 has enriched the ecological traffic entrance of Ordinals. If only

NFT, a single project traffic and inefficient turnover rate as well as the ceiling limit of community diffusion cannot allow the traffic of the entire ecosystem to be carried.

BRC20 appears with the essence of NFT under the cloak of Token. When everyone is obsessed with its cloak, its essence is no longer clear. It's important. The construction of the traffic gate is completed.

Give an example

Some The explorer discovered a new continent called "Bitcoin Ecology", which was completely desolate. So he built his first house here. Although the size of the house was unlimited, the living space of each house was limited, because it was impossible to build a large house the size of a country.

As the news of the New World spread back to the bustling city, some new explorers also went there one after another. Some people fell in love with this Feng Shui treasure land, so they placed a Basically, the concept of "Camping Farmhouse" is enriched.

Camping only attracted some outdoor players, but it did not affect too many people. What really made the place lively was an early visitor. A planner, he initially did not choose to build houses and farmhouses. Instead, he chose to enrich the transportation to this land through his own technology.

With the emergence of some transportation, the traffic in the New World has experienced rapid growth. With the improvement of transportation, collectives, governments, and communities have gradually begun to form here... .

The construction cost of transportation is quite high, and what follows is a commercial operation model. Convenience stores, gas stations, etc. are opened around transportation, which is convenient. Everyone trades farmhouse necessities.

With the spread of tourists, the popularity of this place has gradually increased, because the land here is of great historical significance.

Everyone is looking forward to the arrival of spring, because everyone will have the habit of traveling after the spring flowers bloom.

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The core turning point in the Bitcoin ecosystem that was determined in March and April came from the technology development of Unisat at that time. These humble paths were gradually discovered through trial and error bit by bit. There must be difficulties and dangers behind the convenience. .

Earlier content often mentioned that the exchange’s favorite thing is called traffic.

In the BRC20 ecosystem, Unisat's technology development is the foundation for forming traffic. If there is no foundation, the exchange alone can A climate of this scale cannot be formed.

OKX’s precise layout in May made the ecology become more popular. It is easy for people to form a misunderstanding here. ORDI started to rise because of OKX’s tweets. In fact, BRC20 ushered in OKX’s optimism due to Unisat’s technical support, resulting in a large influx of traffic. ORDILeader prices continue to be pushed up. (Asset buying leader. Get rich by playing new projects)

The bull market in May has come to an end here. At that time, ORDI was very popular at any time. Online

OK. At that time, as long as you were familiar with the exchange or really understood some technology, it was very clear that BRC20 technology and ERC20 technology were two different things. The concept (see the earliest article) of going online on BRC20 means that the exchange needs to develop a new set of technical facilities, which can be said to be a big gamble in terms of the human and material development cycle.

By the time you actually develop the technology, have the personnel in place, and launch various tests, others may have already made all the money. How can you know that your technology must be better than Binance? Want to be faster?

Therefore, the safest way is to choose a third-party service for support, provide your traffic to the third party, introduce your own platform, and then use Data feedback determines whether to do new development from 0 to 1.

Leave yourself a safe passage.

""When referring to Douyin's layout of the catering industry, this is the logic of the divination milk tea that became popular in 18 years. The popularity of fortune-telling milk tea is driven by Douyin, but how long it can be popular and whether it can survive well or not depends on your own product itself and business model itself, as well as the pattern and vision of the person at the helm, not Douyin! !

I only make money from my traffic, and I won’t touch any of your milk tea money. Only if you can endure loneliness can you have perfect data to do the national market. In-store business (food) and home-delivery business (takeaway), supporting more traffic brands and merchants is much more cost-effective than hanging from a tree. Of course, Douyin is even less likely to open a store to test it, too Ridiculous. ””

The starting point of the second round of the bull market is the SATS craze. This is the new trigger, but after peeling off the cocoon, the underlying factors behind it are: The main builder is that Unisat SATS has brought together almost a large amount of inscription market traffic, allowing OKX

to see very big dividends as a traffic platform. OKX Wallet can crush The opportunity arises to suppress products from other platforms. Based on its high convenience and excellent technical products, the traffic of SATS combined with the 0-fee transactions in the trading market has caused OKX wallet data to skyrocket.

Here is a detail. Most OG players in mint have a habit of brushing Unisat points, because on mint, idclub has the advantage of low prices. Yes, unisat is the expected points, and okx is nothing.

So okx chose to carry out dimensionality reduction in the trading market (it is not short of money and does not expect to survive on transaction fees, what it wants is to quickly capture traffic, Just like Didi Taxi in the early years), traffic quickly gathered.

With unisat's swap technology innovation, more players have seen the solution to liquidity problems plan.

OKX’s sudden increase in wallet traffic can be said to have added fuel to Binance’s fire, and ORDI and SATS are about to be launched.

Just kidding, during this market situation, Binance felt that it was waiting for a correction but was running short, and in the end had to chase higher. Fortunately, we found a solution that can reduce costs.

Speaking of which, under the exchange’s left-handed marketing behavior and traffic support behavior, the Unisat hidden behind is the one we cannot see. To the right hand.

Now, Unisat has chosen to open source its own technology. What you can see here is the new life under the impact of dimensionality reduction with zero handling fees in the trading market. .

If you blindly compete for the cake of transaction fees, compared with the mature system of exchanges, it can be said that it is better to retreat to advance and let your own technology Maximize your advantages, continue to expand the technology of the Bitcoin ecosystem, and improve your core competitiveness and irreplaceability. Maximize the technical advantages instead of participating in the battle for traffic, otherwise it will easily end up being jointly suppressed by OK and Binance.

Since we are good at technology development, we should do a good job in the construction of more basic roads. Although OKX, Binance, etc. are expressways, they have plans for the construction of expressways. It is also based on basic highway data.

I admire Unisat's vision and structure here. The decision-making of the helmsman is related to the life and death of the entire team. The real big picture never relies on small favors and favors. Talk verbally. The decisive decision-making under this predicament is not difficult to see Unisat's determination and courage to promote the Bitcoin ecosystem. A glimpse of the whole picture will reveal the whole story, and the future potential is unlimited.

So far, in terms of the platform, Unisat is the first echelon, walking at the technological forefront of the industry, doing technology development and adaptation, and choosing excellent Project agreement to complete the enrichment. After the construction of the basic road is completed, leading trading platforms such as OKX will choose where to build and upgrade the expressway. (This does not include the black-hearted supermarket boss) Positive and closed loop.

Chapter 2: Understand the needs of the platform and plan for the next stage

In the current stage, Unisat is the first echelon of the platform. If you want to know what will happen in Inscription Ecosystem in the future, you have to look at what Unisat is building. This time, the first echelon of the ride-hailing team has basically booked OKX. An is the second echelon of many platforms.

(Of course, it does not rule out that some good projects can be developed independently by the exchange. After all, some technical logic has been open source. Technology is never the exclusive business of any one company. .)

The known layout of the current Unisat is the technical improvement of the Atom protocol. There is no competition for such protocol exchanges, just like the traffic unisat Won't compete with them.

Unisat is like Party A and Party B. After the technology is perfected and tested, it is the safest and most reasonable for the exchange to apply it directly. As long as Unisat ensures the security of the transaction process during the technical testing phase, exchanges will most likely favor Unisat, provided it has traffic advantages. But this is a well-known project, and there is no longer much right-hand advantage.

OKX absorbs a large amount of transaction traffic on Sats (OK wallet waives transaction fees), and the income from the secondary market is captured by Binance Taking the lead, it is not difficult to see that Unisat's partnership is heating up rapidly.

If the Binance WEB3 wallet is purely about technology development, it may not take so long, or it is looking for the right time to launch it at any time. Depending on the general trend of Bitcoin, you can choose an auspicious time to go online, or you are preparing for your own "little ninety-nine".

If it is the latter, arc20 at this moment is like a smoke bomb, thrown out to the market. Everyone thinks that Binance should fully develop arc20,< strong> When OKX chose src20, Binance launched a new and unexpected "successor", which is still exclusive.

Only in this way can Binance achieve overtaking in web3 wallet traffic. Otherwise, according to current user habits, most people will not be willing to give up the interactive experience of OKX wallet. (The opportunity to waive fees has already been used, unless Binance launches free mint... It feels unnecessary, Binance will not be so naive.)

The rest That is, the domestic market is currently saturated, and we can already see that a large number of KOLs have transformed into inscription experts such as BRC20, among whom there is no shortage of crabs who go to Yangcheng Lake to take a bath. ?

It’s as funny as the cell phone films passed down from generation to generation. Professionalism is judged by oneself.

The breakthrough for the remaining market growth lies in the overseas market. Currently, there are several groups with relatively rich overseas players, src20, cbrc20... In addition, there is the NFT sector. .

As I said on Twitter (@daji_357) before, the rich entertainment items in the casino are a factor that increases income, and another factor is To increase the number of people coming to the casino, if the coverage in surrounding areas is already saturated, then start focusing on developing customers in remote areas.

One ​​characteristic of customers from remote areas is that they not only gamble when they come, but also get a series of supporting consumption, hotels and catering, etc. Therefore, these customers need products with high unit price. NFT is a good project target.

Chapter 3, discover the Alpha project information at the first time?

First source, community

Basically, the first habit is that everyone gets news from a certain community as the source of most Alpha. Let me first talk about the experience of multiple communities, and then share some methods other than communities.

In order to test the effectiveness of this type of data, we have recently joined some communities for research, including free and paid ones (as small as dozens of U, Up to several thousand U). My personal summary is as follows (only as a personal opinion)

Advertising messages in vertical project communities are basically the end of the second echelon and the third echelon. , only when the banker's chips and the chips of relatives and friends are already in place, the overwhelming community sharing begins;

The quality of the news shared in the community with a strength threshold system There are quite a lot of them, and they spread the fastest at the same time. Because the quality is high and the number of people is large, the wealth creation effect is also the most frequent. The most representative one is the head player community. The fair mechanism model and non-commercial operation design ensure the purity and quality of the community;

In the paid community, it mainly exists based on the business model. In essence, the second echelon takes over from the previous echelon. The probability of leadership is higher. The wool is still in the sheep. After all, you can earn more by collecting the group fee. Some will also earn more, but some high-quality communities will connect with some reliable projects for welfare distribution. This is a better opportunity for those who are not KOLs themselves. After all, the whitelist can still create wealth. of.

The second is that some very powerful bloggers’ paid groups actually have a leading mechanism. Powerful bloggers basically have the first echelon, so the paid group becomes Find out the range of chips for friends and relatives. In this category, you need to judge whether the leader is strong on his own or whether he collects information from other groups and then distributes it;

High-quality small communication groups, as time goes by social interaction As time goes by, there will be some small groups with good relationships, high quality of communication, concentrated information, and the ability to quickly form investment strategies. This type of community without any interest relationship has a higher quality.

Second source, on-chain (primary)

There are many on-chain platforms in BRC20. Here are a few on-chain platforms where you can see in real time which projects are running

mint and how much gas they are.

https://geniidata.com/ordinals/home

https://www .btctool.pro/hot-mint?inscribe_type=BRC-20

Third source, Twitter

For some high-quality Twitter bloggers, in addition to their Twitter posts, you can also click on his latest followers to see which latest projects he has followed. and people, through the latest projects and people, you can maintain consistency in long-term project attention.

This type of method is also suitable for some high-quality platforms, such as Unisat, MG...

In this way, you can find the layout point of the future platform at the first time, and you can also participate in projects that are not yet online.

Fourth source, Twitter keywords from previous years (Thanks to Wei Shen for sharing @coolish)

BRC20 $MICE project Wei Shen can be said to be the first to share it in the leading player community. After dormant for a period of time in a stable period, it exploded with a tweet from Musk and quickly rose.

Regarding Musk's tweeting behavior, Wei Shen gave a teaching sharing. He has been paying attention to the mice token mint for a long time

In the process, I also searched Musk’s past tweets and found that it was mentioned three times in Twitter history.

This operation can be said to have completely created a new world for me, and I can be said to be the person who understands Musk best.

Alpha’s discovery methods are basically shared in this way. In short, combined with these rounds of inscription trends, we start from the perspective of the exchange, look for matching technology companies for cooperation between Party A and Party B, and look for project products that can solve the traffic needs. Look for products or things that can help solve the problem of overseas user expansion. They are all good top-down project judgment targets.

Combining the tools on the chain, the information utilization on Twitter, and the identification of the community, I wish every partner can earn their own in 2024 A small amount of money, nothing to ask for.