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Brothers, I just realized... Gate's approach is pretty interesting. Right now, everyone is competing over the speed of coin issuance, meme popularity, and new user subsidies, all fighting for traffic. It seems like Gate has switched tracks.
AI has upgraded to V3, over 400 traditional financial assets are now available, tokenized stocks, institutional business has skyrocketed by 2000% in a month, and they even launched a payment card. They've been regularly burning GT, secretly destroying 187 million tokens, reducing the supply by over 60%. At least this approach is quite straightforward and not flashy, which shows how ambitious Gate really is.
It really feels like others are setting up stalls to compete for customers, while Gate is opening a supermarket on the side.
Then I saw their boss @Han_Gate say: “Move Everything On-Chain,” which translates to: in the future, it’s not about crypto fighting traditional finance, but about whether your self-issued assets are on-chain or not.
In the future, finance won’t be called Crypto vs. Traditional Finance anymore; it will be: On-Chain vs. Off-Chain.
Assets that are off-chain will become “inefficient assets,” plain and simple. Off-chain assets can only quietly be marginalized.
Their approach is different, and their vision is broader.