Why am I increasingly optimistic about inscriptions?

Source: Daoshuo Blockchain

A reader asked this question at the end of the article two days ago:

Why did my attitude towards inscriptions take a sharp turn?

In fact, my own attitude towards inscriptions has not changed sharply. If there has been a change, it is because my tone has changed when I wrote these articles about inscriptions.

When I wrote articles about inscriptions in my early days, I occasionally expressed that I had despised them. After realizing the problem, I paid close attention to inscriptions and started to buy some inscriptions and inscription NFTs.

But during that period, although I myself began to pay close attention to inscriptions, the inscriptions at that time were basically meme coins and small pictures. Even if some projects were developed in the direction of ecological applications, at that time, they were still in a very primitive embryonic stage in all aspects, which means that they were still mainly issuing assets.

So in my opinion, there is a big question mark as to how far the inscription ecology at that time can go and whether it can really develop into an ecology.

So I am very cautious when writing articles. On the one hand, I feel that this is a new thing that may cause fission in the ecology, so it is necessary to introduce it to readers; but on the other hand, I am not sure what its future will be, so it is necessary to use a very cautious tone when writing the article.

However, later on, two aspects of the development of the entire Inscription Ecosystem exceeded my expectations:

First, the Inscription Ecological Meme Coin The intensity of the atmosphere and the rapid growth of consensus exceeded my expectations.

Second, the application development of inscription ecology has exceeded my expectations.

Let’s talk about the first situation first. There are three things that impressed me deeply.

First, I have mentioned before: I never expected that sats could grow to the scale it is today. I have said it myself, I have participated in it, but it was purely for fun. I don’t really believe that a coin with such a large base can have such an increase. Therefore, I have said many times when answering readers’ questions: I am cautious about the future of sats.

This incident proves that the power of emotions can sometimes be beyond imagination. This situation vividly depicts the modern version of "how bold people are and how productive the land is."

Under the influence of this emotion, we not only saw what sats is today, but also unexpectedly saw what rats are today.

Second, I saw two sentences like these on social media: "XXX has no project party, we are the project party ourselves", "X An has a lot of short sellers and wants to short XXX, let's learn a lesson Back then, Xiaosan destroyed the short sellers on Wall Street, and together they destroyed the short sellers of X An.”

Such slogans and narrative methods prove that grassroots dissatisfaction with sickles and capital has become a unanimous consensus. If this consensus develops, we may see more powerful power from the grassroots in the future.

Thirdly, recently, many old players have also joined the inscription ecosystem. Although they arrived belatedly, they have used familiar methods with ease. However, this time, very few people bought into it. Most people don't seem to care at all about their inclusion.

The sentiment of worshiping "big V" and "idols" seems to have been greatly weakened in the development of this round of inscription ecology. Although there are still many people who are keen to communicate with them online, when it comes to buying their coins with real money, everyone is much calmer than before.

All of this makes me feel that the intensity and breadth of emotions triggered by the development of this round of inscriptions have exceeded those of previous Dogecoins, shit coins, etc. And this wave of development has so far produced more than one meme coin. This kind of consensus is very rare. Once this ecology really shows signs of application, and with the blessing of this kind of consensus, we will most likely see a new climax in the next bull market.

Although the value of emotions is very high in the crypto world, the value of emotions cannot be sustained for a long time. So I always write in my articles: This ecosystem cannot always stay at meme coins. It must have real applications and take root in order to develop a dynamic ecosystem and bring greater value.

Logically speaking, after buying Inscription, I should continue to pay attention to all application developments related to Inscription ecology. But unfortunately, for a while, I paid attention to other ecology and neglected to follow the application of inscription ecology.

It wasn’t until a while ago that when I looked back at the development of this ecological application, I discovered that this ecosystem has already begun to take shape in many aspects. Although many of these applications are still very crappy and simple, iterations have begun, and new projects are beginning to emerge one after another, and new teams are beginning to join enthusiastically.

This ecosystem is richer and developing faster than I ever expected.

Emotional value has a foundation and application development is showing signs. With the blessing of these two conditions, this ecology will not be absent at least in the next process of moving towards a bull market, and there is a high probability that we will follow You will also see wonderful stories.

So under these conditions, it will be more confident to introduce the development of this ecology to readers, and there will not be too big a deviation.