Decoding the crowdfunding economics of#OP#ATOM #BTC.
OP has been rising for 3 consecutive days. Its favorable logic is actually a bit like ATOM. The former has the op stack and the latter has the #cosmos# SDK. Both are relatively popular programs, but neither has been able to empower tokens.
But we saw that ATOM performed well in the last round. Let me summarize, there are four direct reasons:
First, whether it is the op stack or the cosmos SDK, the presence of technology and products can increase market confidence emotionally. This benefit is easy to understand and requires no further explanation.
Second, for example, if I am a project owner who uses the op stack to build L2, I will consider buying some OP. The OP coin price is good, and the op team is generally more willing to continue to develop and improve the op stack, which is also beneficial to my L2 project.
Third, I am still the project owner who uses the op stack to develop L2. When OP attracts widespread attention and its popularity and belief increase, as a project using the op stack, my project will also rise accordingly.
After all, most blockchain projects are open source, and everyone knows that my project has the same origin as its underlying technology.
Fourth, this relationship is the opposite of the previous two. Luna’s market value once far exceeded atom’s, but Luna’s rise also drove atom’s
To sum up, Articles 234 are actually one, which is a community of interests based on the underlying technology community.
Projects that utilize open source programs from Project A are likely to be willing to support A’s tokens in order to establish a community of interests based on technical connections.
This is the crowdfunding model that Little Bee has mentioned many times before, including op atom and even BTC, which conform to this logic.
This can explain why op stack| cosoms SDK has no power, but is still beneficial to OP and ATOM coin prices.#BTChas no profit model, but still rises. This is also the logic.
Of course, the rise in BTC prices is due not only to open source code, but also to more interest groups such as mining pools and exchanges.