Regarding the positive flywheel, I actually spoke about it rather superficially in the video. After the live broadcast, I thought deeply about this issue.
The concept of "positive flywheel," simply put, is a mechanism of continuous self-reinforcement, spinning faster and smoother, creating a virtuous cycle.
In business, communities, and product design, "positive flywheel" is often used to describe a system or strategy that, once initiated, continuously accumulates advantages, forming scale effects or a moat.
[Positive Flywheel = Initial Effort + Forming Positive Feedback + Continuous Self-Growth]
There are many similar cases in web3.
One is $STONKS, a community that rebels against mainstream narratives. If it's just a simple meme, it can't form a positive flywheel and will gradually fade from view as consensus diminishes. But if you add a DEX, it leads to a continuous flywheel.
Another is exchange platform tokens like $BNB, $GT, $BGB. Continuous revenue and empowering token holders also create a continuous flywheel.
Then there's #CHIPCHIP and $NGNF. I haven't been promoting them because I'm waiting for the closure of this flywheel. Once complete, the effects will be extremely powerful. We're all betting, but betting on a more certain, higher-return gambling track is more cost-effective.
The hardest part of DeFi products is the initial accumulation of TVL and the establishment of brand endorsement.
And what is brand endorsement? To put it bluntly, living a little longer becomes a brand. When you understand the value of the flywheel, you can block out the hype of worthless targets.
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