These days, I’ve been wandering around the project circle, and since 2019, once I entered the trading circle, I rarely played with projects anymore.

This year, I gathered with a few friends, went on a business trip, learned a bit, and found that it’s the same old story, just a different coat.
The only difference is that project parties want to grow big and strong, mainly to harvest early subsidies (meal allowances, cocktail party subsidies, studio subsidies, all-in-one services for food, accommodation, and transportation).
The team gets resources but doesn’t do much work, mainly arbitrage.
In the early stages, they exploit project parties, harvesting the early bonus period for a month, and can do this with several project parties at once during a single gathering.
For example, today I went to a friend’s teahouse for tea, and it was full of people wholesale trading projects.
Everyone was there to meet each other, have a meal, and my friends hired their own chefs, arranged the meals themselves, set up four or five tables, about 30 people.
The actual cost was at most 500 RMB, but they could harvest from one project party, with an average subsidy of $20 per person, totaling $600 in project subsidies.
If that team connected with four subsidy projects at once, they’d earn $2,400 from that meal alone, minus $100 in costs, leaving $2,300 in profit.
How much can this team earn in a month?
Most importantly, they have the resources, connections, and traffic from project parties.
Isn’t that impressive?
Damn, I was shocked—people can do this so late.
Easily earning hundreds of thousands a month for free, what a concept.
Eating, drinking, and being entertained for free every day, with others paying the bills.
Renting a bunch of teahouses for receptions daily.
If you still think they’re doing this for investment, you’re way off.
The top players have already started exploiting project parties with their teams.
This is the current state of the 2026 market circle.
You have the diamond drill, they have porcelain work—each side plays to their strengths.
Gotta admit, the speed of this era’s development is astonishing.
Back in 2015-2018, we could run projects for a year or two, then it shrank to three months.
Disappointed with the industry, I entered the trading circle.
Now, after seven years and many years away, people have already changed their gameplay—so impressive, so high-end.
The way to make money has changed, and it’s also a sign that the environment is getting tougher—information is more transparent.
Are project parties fools?
Actually, they know, but they do it for exposure, traffic, and harvesting.
But the initial leaders are all speculators—just taking a wave and leaving.
That’s why so many projects run away.
Because the awareness of retail investors has improved.
If you’re still losing money, it means your understanding isn’t enough.
But in the trading circle, awareness is still quite low—more laid-back, with fewer tricks in their minds.
It’s normal for some projects or exchanges to get hacked and harvested.
Because when the essence of something is wrong, the outcome will definitely be missed.
You can’t predict when it will end, so you need to run fast.
If you don’t run, the exchange will run away.
So don’t underestimate any track; each has its own way of survival.
Let’s all encourage each other.