Zhou Xiaochuan's 1st-word speech dispelled the doubts of domestic blockchain practitioners.
At the National People’s Congress meeting a week ago, Zhou Xiaochuan, the governor of the Central Bank, smiled and expressed his attitude towards supervision of bitcoin and other digital currencies and ICOs. He revealed that the future supervision will be dynamic, but according to the degree of endurance and local The test results, the established policies will be introduced in the future.
For the bitcoin and the forked currency that are hot in the market, he thinks that it appears too fast and not careful enough. The rapid spread will cause negative effects. The products that require carelessness will stop for a while, and promising products will be tested and certified for promotion.
Blockchains and mainstream currencies have been supervised and reputed, but under the turmoil of mad investors, layered investment agents, and exchange-traded currency fees, there is no way to resolve the anxiety of practitioners.
Crazy Cafe
In the usual mild tone, Zhou Xiaochuan emphasized that the essence of digital currency is to pursue the convenience and speed of retail payment systems under the premise of ensuring security and privacy protection. It also states that digital currency services are the focus of the real economy. 1. One of the most popular products for people to have a fantasy is not to be welcomed by regulators.
His speech was interpreted as an invaluable version of countless industries, widely circulated within the relevant groups. However, the warning that 'to consider the overall situation and not to conflict with the current financial order' was ignored.
According to media reports, Zhongguancun Venture Street, which had originally gathered Internet + entrepreneurs, has become a transit stop for blockchain transactions with the screenshot of Xu Xiaoping's All in Blockchain in December 2017. Here, ICO issuer, project incubation , On behalf of investors are very active.
In the cafeteria with hatchery business on the Venture Street, from November 2017 to January of this year, the activity of the blockchain theme has been commensurate with the Internet+. However, all blockchain event salons must be There are no seats.
The “intrusion” performance of blockchain in the garage of the digital currency origin of China’s digital currency is particularly evident. “The 4 permanent fixed salons with the theme of Internet+ every month began to change abruptly in November 2017, and the blockchain became a monthly Fixed in the field. According to Hu Mingyao, the operation manager of the garage coffee hatching operation, in addition to the fixed salon, there are often blockchains in the daily business incubators from noon to night. Compared to the Internet + theme event twenty-three. Participants, full conference room with 50 people, blockchain activities can often come to nearly 100 people, extremely hot.
At the end of 2017, Mofco Capital, which has been transforming the blockchain, has hosted over 15 blockchain events. The event that ends at 10:00 in the evening at 7:00 pm, and often lasts until 12 o'clock in the morning. More than 10% ', ink non-capital Song Song said.
"It started to be free. Now it pays 39 yuan. It's a lot more expensive than you think. You have to pay for it, or it's just a leek harvesting ground." Mocha Capital co-founder Qiu Chen said that by January, the venue Already unable to accommodate. The meeting began to shift to pay, ranging from 39 to 199 yuan. But even if the fees were charged, the number of participants near the Spring Festival meeting still exceeded 50.
Intermediate incubator
After the 9.4 ban, no one spoke in the group. The distributors did not come out on the contrary. In November 2017, the ICO was rekindled. The various groups on the line were very active. One day's news swept hundreds of thousands.
Under the line is the incubator's 'hunting' home. Incubators who are active on the Venture Street have the following situation: They are looking for high-quality projects to do hatching, and they are being asked for hatchery projects. A new three-plate listed company, chasing the wind After tracing the source chain and advertising on Golden Finance, 400,000 yuan was hung on its homepage for a few days. However, the project operation is still blank. Now we are looking for someone to connect to the online trading platform.
Compared to the 120 million private equity start-ups, the intermediary fees for incubation do not count anything. 'Even if we spend more than 15 million on the platform, the project will not lose anyway. Anyway, the money is leeks. They are all empty gloves and white wolves. 'An incubation The authors stated that hatching is equivalent to information mediation. For these projects tailor-made planning activities, after being packaged and polished, a project will turn from a bubble state with nothing to a perfect white paper, a blessed team, an active community. s project.
The offline activities planned by the intermediary are usually free, and can attract nearly 100 participants each time. Compared to some fee-limiting activities that limit the threshold, participants in the free activities have lower professional qualities. There is only one purpose for them to participate in the activities. At the level of the market, the money is put out and then waits to double. Therefore, in this activity, the project party can easily cut the vegetables, and half of the 100 people can harvest half of them. At least one thousand yuan per person, they flew to the project's pocket. It's quick and easy.
In addition, after more capital and newer leeks are on the market, the blockchain prides itself on the core, and the decentralized technology is concentrated in the community operations. In addition to the white papers made up of dozens of pages, other There is no ICO project that can raise funds by hundreds of millions.
Investors holding 'a few thousand dollars, even if they are all gone, will not have much impact, but it will be a year's wages if you block it correctly. Why don't you block it?'
One hunter after 9.4 took advantage of 2,000 EOS investors. Her net worth doubled to $1 million three months later. But he still has some troubles because EOS rose to RMB 60 at the end of February. 'You could have earned more. I didn’t stick with it. '
The miners who frantically swarmed in with bitcoin prices soared were forced to leave the market when the regulatory policy was pending, and they switched to the primary market. With the help of professional knowledge, the 3,000 yuan deposit was admitted for several months. There are countless cases that have doubled to over 2 million.
But the example of reducing wealth by half or overnight is not rare. 'You have seen other ways of investing when you have experienced double the instant of wealth!' Looking for good projects often attend cafe meetings. He even said, 'I donated the attitude. Even if he fails, I don't regret it.'
Pyramid
'A 100 million project in a project is very normal, and it works very well. It's very simple. A practitioner who has just begun hatching said that he has seen many money-contracting projects, usually starting with proxy shots.
The project party distributed the funds in a ratio of 1:5 to the fund, and the funds were distributed to the big investment agency. The big generation investment was distributed to the small-scale investment of each community. Through this pyramid model, a project went from the primary market to the The secondary market has already been cut several times. He has also made small-scale investment before, so he knows that even the small generation of investment can get at least ten thousand yuan.
The famous people in the circle are often unethical.
After the thunder of the ICO ban passed, the big brothers who were at the top of the cast began their activities. They usually walked across the blockchain activities at Zhongguancun Chuangye Street, endorsing the platform and attracting leeks.
High profile is the usual style of the big brothers. Standard is big back hair type, big logo belt. When ICO is hot, the investor Lu Jie saw that he had said in a live broadcast: 'My last trouble is that I have too much money. Sun Yuchen, who listened to the speech in his speech, 'imposes to change the world, redefine the world, and then link to his dress, hairstyle, and conversation,' and Lu Jie thinks 'Sun Yuchen' is full of exaggeration'. Sun Yuchen looks more like For financial or insurance.
Yang Mai, who has become a big boss due to the early arrival of the game, does not agree with this kind of operation. 'The domestic game is to issue a currency. When the project is not approved, the team will find an endorsement before it is established. The packaging concept is to find out Endorsement, operation promotion. Through the operation of the community to do, in the community that my private investment which big investment, let the members follow the investment. In fact, those big brothers did not invest, they only endorsed the project party Give them a lot of money.'
He expressed dissatisfaction with these operating practices. 'A lot of foreign project teams have come to China to issue Token because it is very difficult to get money abroad. They want to use the Chinese market to get money'. Yang Mai stated that the domestic ICO project is more fire than it is. Because the project is good, but China’s ICO is relatively hot, and the project makes more money. The projects with poor foreign investment status and the access to the Chinese market are considered high-quality projects.
To a certain extent, after the 9.4 ban, crazy collectors are becoming more embarrassed. Project issuers are throwing away the bottom line for making money. Investors lose their sensible willingness to be cut. The most typical is the final link of the transaction: on-line exchanges.
The cost of renminbi money doubled from 40 million yuan in January to less than 2 months. There are still a large number of project parties waiting in line to wait for a coin opportunity. 'Now the market price of a currency is on the order of 15 million yuan, the highest It can reach 80 million. This is a huge blow to the industry! ' Wellcome CEO Wu Yuanwen said that if the fundraising funds are spent on technology development, instead of paying for expensive currency charges, there is no need for fundraising. Several hundred million yuan.
'Dozens of millions cannot do it, and billions cannot do it.' He has countless projects, and he knows that a team is only 10 million yuan worth of technology. The project is being funded by hundreds of millions of yuan, in addition to on-line trading platforms. There are other marketing expenses that are used to speculate on a temporary team. “It’s easy to finance two hundred million dollars now, 80 million of which are in the upper reaches of the dollar, 30 million in speculation, and tens of millions in yourself. It's going to burn out. '
'From chaos to big rule, a wide range of regulatory errors have hurt many blockchain companies. Now that there are good projects in Silicon Valley, Wu Yuanwen hopes that the government will introduce a refined monitoring system to combat real mice.