Yesterday, I caught this thing called 'Chasing the Sky' outside However, to be fair, Cudis is different from ZKJ's and there is no clear plan to pour it over (yet) Firstly, this is a mining machine dividend tray, following the classic logic of using products as carriers: -Selling rings as mining machines (350) incurs sunk costs for users -I didn't see any electricity bills/incremental sunk costs -The output is distributed through points, which is the black box. The point bonus includes staking, which means that even without electricity bills, the sunk cost floor price can be raised I haven't played this thing myself, but I read a report from an exchange that said the average monthly return for the first quarter was between 166-300 dollars, which is equivalent to 16-30 dollars in US dollars, with an annualized yield of 50% -100%. In addition, with black box control output, the output selling pressure itself is not heavy, and it can even be said to be a consumer product. And the first airdrop accounts for 5%, and the subsequent rewards will not be linear but will be in the form of a designated prize pool for each period, which means that fewer rewards will be allocated For the project team, that is to say, the previous buyers were actually betting on airdrops from a profit perspective. For the project team, the main selling pressure only comes from 5% airdrops and 2% IDO The key to that question is, what is the most profitable approach for the project team at this point? You can first consider what they have already put in their pockets. Firstly, the project team officially announced a sale of $6 million, mainly in the Korean market. From the perspective of ground promotion, this is in line with the understanding that the sales cost of ground promotion in the Korean market is 35-50%, and the cost of pre office space needs to go up to 70000 US dollars. In addition, I see that both Chengdu and Bali have held subsequent ground promotion meetings, and KOL promotion in April is also not small. It is speculated that it is charter flights for liquor, so the overall promotion cost should go up to 300000 US dollars Calculate the sales profit of mining machines to be around 300 The project team has two options here: 1. Pour the goods and receive them as soon as they are ready. So the harvest is about 3 million mining machine profits and possible exchange shipments. But the problem is that at this price point, based on their current situation on the platform, shipping with a selling pressure of around 7% obviously won't produce anything (considering only Bybit's trading volume as actual), and even if they go on Alpha, they haven't been selected by the studio as their first choice for brushing orders. OI has not shown any significant increase in the past week In addition, if you leave work directly, Ditui may not be able to explain it. At the current price point, it is estimated that it will be difficult to continue selling 2. Plan for one or more larger spot and PERP. The term 'bigger' generally refers to Han Suo and Binance PERP. The current Bithumb listing channel has been opened, which greatly reduces the difficulty compared to previous listings. Binance perk is generally considered to be updated based on rigid organic trading volume and perk trading volume as criteria If the team is not satisfied with the current size, then this is basically a mandatory option. If the project party had a ground push pipeline from South Korea before, there is also a certain possibility of blending with the pipeline from Shanghan Institute. The remaining key points may lie in the trading volume of Perp. At present, the daily trading volume has remained above 10M for 2 weeks, but with the decrease in volume, whether the trading volume can be stabilized is the main decision point for the public examination. Quantity and price are positively correlated, and in order for Cudis to maintain quantity, it must maintain price. Without price protection, it is difficult to convince the public to continue selling rings/mining machines in the stock market The game point is nothing more than the level of team ambition and market making ability