The bear market is here, back to a soul wrenching question - what types of projects in the cryptocurrency industry have real income? CEX: Especially contracts contribute the vast majority of the exchange's revenue. DEX related businesses: including spot DEX Perp DEX、NFT Marketplace、 Wallet built-in Swap, cross chain bridge, Telegram Trading bot, etc. all fall into this category. Borrowing: earn interest rate spreads. Stablecoin issuers: such as Tether, the parent company of USDT, refer to https:// ((x.com))/Sea_Bitcoin/status/1901794072328806728 Public Chain: It is also a unique business model developed by the cryptocurrency industry, with a fee for "selling blockchain space", including MEVs parasitic on it. The project team that issued the coin: If it can be listed on top exchanges, even if it drops by 90%, the team still has a lot of profit margin. It's just that these profits have nothing to do with token holders. Why should the money earned by the project team based on their skills be used to protect/pull the market? NFT project party: NFT is sold in the primary market, and the secondary market continues to obtain copyright. Please refer to https:// ((x.com))/Sea_Bitcoin/status/1908365438968344911 ◦ To B related services: such as auditing, recruitment, data APIs, media, and even KOLs, etc Of course, the above-mentioned tracks and businesses also have bull bear/drought/flood distinctions, and there is no guarantee of permanent profits.