In the past month, I have intensively studied some ideas and methodologies for B2B growth. B2C growth is a familiar area for me, but this is my first time doing growth for B2B. I plan to practice some B2B growth methods and strategies to see how effective they are. Doing unfamiliar things in an unfamiliar field is filled with the unknown of trial and error, which makes me feel very excited.

In the past month, I spent a lot of time understanding the traditional payment industry. Acquiring, issuing, acceptance, foreign exchange services (fx), multi-currency accounts, etc. I found that there is actually a dimensional wall between the traditional payment circle and the crypto circle. It is also because of the hot topic of stablecoins that the two circles have begun to merge. Through numerous interviews, I also learned about some characteristics of the traditional payment industry, such as: 1) Significant economies of scale. Because the profit margins in the payment industry are relatively thin, companies need to go through a long period of meticulous cultivation to form economies of scale before they can start making a profit. In most early cases, they are in a state of loss or just breaking even. Especially now, with the increasing costs of compliance and licensing, the initial investment for companies is quite high. 2) High dependence on bank infrastructure, with underlying channel capabilities becoming a key competitive factor. Instability in the underlying channels can lead to significant delivery pressure. 3) Multi-layered intermediaries create pain points in terms of costs and cycles. Payer's bank → Correspondent Bank → Clearing network (like SWIFT) → Payee's bank. Each layer adds a spread. 4) Sales-intensive customer acquisition methods. Product homogeneity is quite serious, mainly relying on sales and service for customer acquisition. Stablecoin payments are a killer application in certain very niche and vertical payment scenarios, but most merchants in the goods trade are still obediently accepting fiat. There is still a very long way to go for the mass adoption of stablecoin payments.

The once-in-a-lifetime opportunity to unlock your NFT is now.

I am a fickle woman.

The clothing for the 8th anniversary of bn can be said to be a must-wear for builders. It's not hot when going out, and it's not cold when staying in an air-conditioned room. The quality is top-notch, so comfortable! @yayabinance @pearbinance

Oh, I almost killed myself. Last week I got acute tonsillitis and pharyngitis, and after hanging on an IV for a day, I was feeling lively and stopped taking my medication. Last night, I had difficulty breathing in my sleep, feeling like my airways were blocked, and my throat was in excruciating pain, so I rushed to the emergency room. It turned out that my pharyngitis had acutely relapsed, causing some blockage in my breathing passages. There was a risk of suffocation. Staying up late for a long time has really weakened my immune system. I hope everyone can cherish their health. Money can always be earned.

This afternoon, I was pondering a question: besides exchanges/bots and leading public chains in the crypto space, what projects are actually making money? And how are they making money? Then I came across @AethirCloud, which has a 30-day revenue of 14 million. Essentially, Aethir sells GPU resources to enterprises, which can be likened to a GPU version of NetEase's Treasure Pavilion. Although Aethir charges a 20% service fee for each transaction, this cost still seems lower than AWS. It's amazing how the more niche the track, the better the opportunities, and running a trading platform is truly a fantastic business. Simplicity is the ultimate sophistication.

The iteration and upgrade of Infini Earn will be completed in September. It will make the income of Infini Yue Bao products more comprehensive and stable. Do fine first, and then do pan. Steady, one step at a time.

Pump Fun is like a final exam question. Different top students gave very different opinions. So, I'm going to find some VC coins that are very weak. Regardless of whether the pump makes money or not, it must be right to suck other cottages from blood.