Regarding the forward flywheel, I actually said in the video that it was rather one-sided, and I thought about this issue after the live broadcast
The concept of "positive flywheel", simply put, is a virtuous cycle mechanism of continuous self-reinforcement, faster and smoother turns
In business, community, and product design, the term "positive flywheel" is often used to describe the accumulation of advantages after a system or strategy is launched, forming a scale effect or moat
[Positive flywheel = initial force + positive feedback + continuous spontaneous growth]
There are many similar cases in Web3
One is $STONKS A community that rebels against the mainstream narrative If it is just a simple meme, there is no way to form a positive flywheel, but it will only be accompanied by the decay of consensus, and gradually talk about the horizon, but if you add a DEX, it will usher in a continuous flywheel
The other is an exchange platform coin such as $BNB $GT $BGB
Continuous revenue and token holder empowerment are also continuous flywheels
Then there are #CHIPCHIP and $NGNF, I have not been promoting because I am waiting for the closed loop of this flywheel, once it is complete, the effect is extremely terrible, we are all betting, but it is more cost-effective to bet on a spinach track with higher certainty and greater returns
The most difficult thing for DeFi products is the accumulation of initial TVL and the establishment of brand endorsement
And what is brand endorsement, to put it mildly, if you live longer, it is a brand
When you understand the valuable flywheel, you can block the flickering of garbage labels
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