the arid phase it passes through crypto markets And the NFT As a whole (falling prices, bear market, session fund, etc., terminology varies, perceived gloom) still causes an exceptionally rare situation. A situation that we find only every 4 or 5 years. Finally, a stand you shouldn’t miss.
Today, in the face of unprecedented headwinds, all projects that are moving forward, continuing, advancing, are really earning attention. And we’ll give a special mention to those who are kicking off at this very moment.
In all their diverse endeavors, the real-life men and women working behind the scenes display universal and valuable qualities. Let’s focus today on 5 of them.
1. The power of conviction
The failure of the cryptocurrency initiative seems obvious, in any case it is the feeling that grips and permeates the columns of the mainstream media.
Society becomes weak, scattered, fearful, and suspicious. How are you surprised? of the massive breakouts and crashes of the past few months (LunaCelsius Network…), to the continuous beating of sorganizers from all sidesAnd the It has never been so difficult to maintain one’s few patiently established beliefs around this new and explosive topic.
And yet, despite what appears to be the most obvious common sense, Entrepreneurs and project leaders will play up their financial affairstheir reputation, and sometimes their family life or health with conviction: tomorrow will be extraordinary and the future will be written in a decentralized way Based on Web3.
Project, Team, Community Proven Resilience And their moral qualities will be in this kind of context Unstoppable When market conditions become favorable again (and they will).
No more running bull and millions collected by magic. She completed her Lambo and 6-figure dreams in no time.
Today on you Work for economy and efficiency. Do more and better with less. It is no longer the time to waste or scatter resources and skills. Everything must be weighed and calculated as accurately as possible. Even the coin giant Coinbase Get down on one knee.
But here we are, the tough, dry contexts, where the investor is scarce and suspicious, shaping personality and company culture. A context that requires constant revision of its version and away from amateurs and opportunists. Just buildersAnd they are few. A period that is likely to give birth to cathedrals, ready to face time and adversity.
The atmosphere is no longer of tools and shovels, we are at the bottom of the hierarchy of needs. less decentralized financing descend and the “cryptocurrency meme”. Even Elon Musk got bored and Desert bounty his favorite stadium.
With the prospect of huge ROI and easy money evaporating, everyone knows that the hectic obstacle course in 2021 has turned into a bitter marathon. The time is now more favorable for structuring projects. In fact, only those who will develop Added value in real life Real people, they will put down roots.
And now is the perfect time to separate the wheat from the chaff, to mark those who prepare for the future by staying in the field while most hang up their boots.
The infiltration is such that one can happily consider it to be at a historical inflection point. The rocker you’d never be surprised to see disappear 95% of crypto and NFT “projects”. Current (equivalent phenomenon in terms of progress at the end of 2018 to The big cleanup for ICOs).
Hence the importance of staying attentive to those who remain.
4. Find legal and tax compliance
And no one escaped thatLove the regulators in our industry invade now.
Launching a project now means voluntarily drawing a legal target on the front line, with full knowledge of the facts.
However, even if we reserve the right to discuss it on an ideological level and respect the set of primary values that it holds in particular bitcointhe note is clear: in the year 2022 of a cryptocurrency business, the desire is not incorporated Full regulatory compliance It would be a commercial suicide order.
This is true in France, but also everywhere in the world. Even industry giants now agree that it’s more expedient and tactically sensible againstCooperation with the regulatory authorities From engaging in dissent that is detrimental to business and growth on a global scale.
Initiatives that make it through this stage without much damage (some won’t recover or will throw in the towel in the face of staggering demands, often higher than those imposed on banks) will be veritable war machines tomorrow.
5. Authenticity and sincerity
Less space now for Clone project clones Which worked well and from which we will try to extract some of the initial success. Carbon copies are much easier to spot in the current calm than in the rush in the market where everything is interchangeable and the same, and seems to be able to go ‘to the moon’.
Unfortunately, honesty is always hard to spot. And it is precisely one of the adornments that doubtful actors will first attempt to adorn themselves for, for the sake of Persuade and seduce clients and investors.
However, period allows direct and streamlined access to teams, even to CEOs and operational project leaders. It’s a privilege you have to take advantage of, none better than Direct exchanges to form a real opinion.
Finally, we’ll add that the market is very slow on that front Even coded tricks in free fall. The bad guys are now shifting away from the sector to head to more suitable hunting grounds. The atmosphere suddenly became healthier.
but this Market breathing is temporary. When the machine kicks in again, when it “goes into business,” these same entrepreneurs will be infinitely less available, busy as they will rush in and cash in on the waves of growth (and newcomers will likely blame them for that, like crypto market cycles).
whether it is on Al-Zawiya Newspaper Or on community social media, you’ll often be directed to “DYOR” (“do your own research”). But we agree that the more time passes, the more difficult it will be to apply this advice effectively (the sector is becoming more complex, and so are the harmful technologies and methods). So what you notice today is full of lessons. Enjoy! Of course, no one claims that all current projects have a glorious future. What is certain, however, is that the economic giants of tomorrow are honing their skills before our eyes.
Don’t be a bystander and build the next wave of growth in the crypto sector! Create an account on BinanceBitcoin and cryptocurrency exchange reference (trade link).