The Cofounder of Continue Capital The Journey of Value in Blockchain Investment

The author of this article, Pima, co-founder of Continue Capital, poses the question of what exactly one is buying in the public chain market or the blockchain industry, and what the future holds for blockchain business models. The disappointment in the altcoin market has led many industry insiders to question what the future holds. In the complex environment of different stages of industry development, the difficulty of investment is increasing, but the fundamental issue is finding a business model for long-term sustainable development. The author analyzes the factors that affect stock prices, particularly focusing on profit and valuation. He explores the complex factors influencing valuation, such as growth, interest rates, and industry space. He also identifies the profit sources and business models in the blockchain industry, highlighting the creation of a new business model of selling block space, which involves public chains pricing and charging block space fees. The author emphasizes the need for a clear business model for projects in the cryptocurrency market, and the importance of expanding revenue and market share. He concludes that many cryptocurrency projects lack a clear business model, and investing in the industry requires careful consideration and practicality.