MOL Moore Chain Academy: It is 2019 after two days. Many entrepreneurs fell in 2018. In 2019, the Internet and the blockchain are facing a winter, and perhaps more entrepreneurs are falling.
In 2018, some technology companies were eager to ring the clock, but there were also many great shackles that were once in great glory, and they were so sad that the company's future was uncertain.
These crumbling companies, in addition to the debt-ridden LeTV, the hammer that is in deep crisis, the shared bicycle ofo that needs five hundred years to be refunded, there are Jin Li, Storm Video, Youju, Home Network, Vanke and so on.
In 2018, the hot block of the “blockchain” has already been blown to the people of different industries. This “blockchain”, once described by the industry as “possibly as great as the Internet and more subversive than artificial intelligence”, Now it is moving towards a "cooling-off period."
Qian Haitao, founder of Moore Chain MOL, believes: "The popularity of ICO once made the price of a white paper token only after landing on the exchange, and the price of the drum was spread, which inspired the game of "drums and flowers". Projects, "investment institutions" that promote the project's token-listed exchanges. The profit model of these institutions mainly comes from the price difference between the secondary market circulation price and the primary market private placement price. These investment institutions help a project to pay for their own self-interest, rather than really for this project, because they need to quickly get rid of the money and profit. The bursting of the ICO bubble also declared the bankruptcy of this business model. A large number of Token Funds that emerged in 2017 are currently facing the dilemma of rapidly shrinking assets and even having to close. ”
However, failure, this is the fate of entrepreneurs; entrepreneurship, this is a thing that will be accomplished.
Therefore, in 2019, no matter how difficult it is, it can only be passed on. The farther backward you can look, the farther forward you will see. Perhaps it applies to every entrepreneur at this moment: "You look back The farther you look, the farther you will look forward."
The performance in the encryption market in 2018 was somewhat unsatisfactory, with almost all tokens falling by at least 80% from historical highs. With the collapse of various "digital currencies," the "blockchain" that was once seen as another slogan is now hot. However, while the “hype” hotspots have subsided, the blockchain has gradually begun to show its advantages in commercial application. In 2019, the year when the real value of the blockchain returned, after the digital currency price plummeted, the blockchain The shift of the practitioner's energy to the application of the industry will inevitably play a positive role in promoting the industry's landing, verification or falsification of the blockchain value.
Qian Haitao believes that the "hot money" intensive departure industry as a whole "deviated from reality".
The term blockchain seems to be brought to the forefront by those “students and teachers”. Financing, currency, money, and deception, the impure purpose of origin also laid the foundation for the blockchain technology. Since the beginning of this year, the blockchain development trend has turned downward. As one of the applications of the blockchain, a digital currency platform shows that the global cryptocurrency market has evaporated more than $700 billion in market value since its peak in early January.
In China, the relevant funds and projects related to the blockchain industry are intensively departed. According to the latest report released by the well-known consulting agency Deloitte, more than 22,000 new projects based on blockchain technology launched on the famous development platform GitHub in 2016, more than 92% of the projects have been inactive for a long time, and are on the verge of death. . (GitHub is a development platform that provides code for blockchain projects.) In other words, more than 90% of blockchain projects have declared "failure." Yu Jianing, the principal of the entrepreneurial project “Fire Coin University”, said that the exit of many projects actually reflected some failures of some early landing applications, reflecting to some extent, at least helping followers understand the blockchain. The current limitations of technology and some potential risks.
Despite the obvious ebb tide of blockchain capital and projects, the application speed of blockchain technology seems to be accelerating.
Blockchain good policies have a bullying trend. It is found that the current 17 provinces and cities including Beijing, Shanghai and Guangdong have issued 32 blockchain related policies. Not long ago, Beijing incorporated blockchain technology into the scope of “financial technology” development planning. In addition, nine provinces and municipalities across the country have launched blockchain industry funds with a total scale of nearly 40 billion yuan. This shows that the local government sees the true value of the blockchain in the down market.
Blockchain commercialization application highlights
With the collapse of various "digital currencies," the "blockchain" that was once seen as another slogan is now a big drop. However, while the “hype” has subsided, the blockchain has gradually begun to show its advantages in commercial application.
In the words of Qian Haitao, the founder of Moore Chain MOL, “The blockchain should make the Internet a genius, an open network of merits. Based on the atomic physics world, the government maintains order, and reasonable humans have proliferated. Living infrastructure, real estate, automobiles and other real estate and the real economy have their own laws, and it is not necessarily necessary to monetize their numbers. We believe that any exaggeration of the scope of technology available is a deceptive behavior. So Bitcoin and Moore are all focused on digital assets that most require blockchain technology."
There have been many “tourism + blockchain” projects at home and abroad, and in 2018 it has been called “the first year of blockchain tourism”. Not only are start-ups trying to apply blockchain technology, but the Internet giant is also beginning to commercialize blockchain technology. Since the beginning of this year, Baidu has been acting on the blockchain scene. At the end of July, according to the official website of the Trademark Office of the State Administration for Industry and Commerce, Tencent Technology (Shenzhen) Co., Ltd. has applied for trademarks such as infcoin, currency, Qbanking, LinkBanking, Wave Planet, and Wave Star. As the three giants of domestic Internet companies, Alibaba, Tencent and Baidu have always been the leaders of Chinese technology. From their layout in the blockchain, they can gain a glimpse of the strength of China's blockchain and predict the future development of the domestic blockchain field. direction.
The blockchain is very cruel this year, and it will be more cruel next year. It will be very beautiful in the next year. Who can stick to the end?
Qian Haitao, founder of Moore Chain MOL, said: "The potential applications of blockchain are extremely diverse. Digital identity, supply chain, electronic bills, communications, digital voting, anti-counterfeiting and traceability are all suitable for implementation in China. The field. The domestic blockchain technology team can cooperate with traditional enterprises in a variety of ways to innovate, try the application and landing of blockchain technology in specific scenarios.
The Moore Chain is a public chain that focuses on the transformation of Internet digital assets into digital currency missions, including reviews, likes, videos, music, data, e-books, blogs, social, and knowledge.
Moore MOL's design first principle is to let each user and smart contract users have their own chain, using POW and DPOS consensus algorithm to innovate from DAG (directed acyclic graph) architecture, design contract account, Make the contract account have the same function as the normal account: open an account, send, receive, and change the delegate. The main application scenarios are lightning payment, micropayment, token tokenization and gaming chips.
Finally, I shared a paragraph from Mo Hailin’s founder, Qian Haitao: “I firmly believe that cryptocurrencies will change the world, replace the stock market, most currencies, and pay for machine-to-machine, Internet of Things, streaming media, and forecasting the market. Power, governance systems, voting systems, and even everything on the Internet. Having said that, cryptocurrencies still have a long way to go, and most of these areas are still at a very early stage."
If you jump out of the sorrow of the cryptocurrency market price and rewrite the past year with the builders' eyes, 2018 is more of a year of trading, experimentation and the earliest infrastructure.
Therefore, there is no need to doubt the future. In the 2019 encryption world, we believe that builders are still working, they will be more problem-solving for real users, deploying a scalable and robust infrastructure, creating a superior user experience, and driving business sustainability.
Please join us and say goodbye to the turbulent 2018. Because we believe that this is the beginning of the builders to meet the bright future.