Find 10,000 people, each paying you 20 yuan, which adds up to over 70 million in a year. The question is, how to make these 10,000 people pay you 20 yuan without hesitation? The answer is human nature. It doesn't necessarily have to be 10,000 people, and the payment doesn't have to be 20. Using the same logic, grasp human nature + new user growth = cyclical compound interest. This model coincidentally overlaps significantly in a certain track within the crypto circle.
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The simplest business model in the world is:
Find 10,000 people, each paying you 20 yuan, which adds up to over 70 million in a year.
The question is, how to make these 10,000 people pay you 20 yuan without hesitation?
The answer is human nature.
It doesn't necessarily have to be 10,000 people, and the payment doesn't have to be 20. Using the same logic, grasp human nature + new user growth = cyclical compound interest.
This model coincidentally overlaps significantly in a certain track within the crypto circle.