Crypto commentator DaYu stated that last year he entrusted the planning of a FOMO-type product to two teams with separate funding. One team altered the product according to their own ideas, resulting in no users and a total loss of investment; the other team developed very slowly, only returning part of the funds.

He outlined product principles: crypto products must be directed by those who understand the market, while technical leads should only be responsible for implementation, not deciding what to create. He defines "understanding" as being able to consistently make money in the market, with billions earned considered true understanding; tools aimed at retail investors must clearly understand user behavior in chasing trends and where traffic comes from.

He criticized applying twenty years of internet experience directly to the crypto space. Failures, according to him, should be written as future teaching materials rather than as reviews of audited projects. The names, valuations, contracts, and on-chain funding addresses of the two teams are not disclosed in this post, so they can only be considered anecdotal from the founder's perspective, not as a formal liquidation announcement of an investment portfolio.

In an English interview, the same author viewed meme coins as having zero intrinsic value, with prices driven by emotions and gambling demand, advocating for a barbell strategy: one side high-risk memes, the other side long-term assets. His advice to newcomers is to first engage with Bitcoin, with meme holdings not exceeding about one percent of total funds. "Technology is meaningless, consensus is priceless" is a slogan he frequently uses.

He currently publicly recommends a trading front-end FOMO, which he describes as built by a decentralized derivatives team, priced in USD, capable of cross-chain asset purchases, and utilizing a non-custodial funding solution. This is a different product line from the two failed investments last year, not the same verified financial report.

In market mechanics, the seller is the opinion leader providing planning and funding, while the buyer is the technical team responsible for development. The event-driven nature is that the meme tool window is brief; if the product is delayed by one cycle, it misses the emotional wave. Funds are allocated between "those who can make money defining demand" and "those who can write code defining demand." Beneficiaries are teams that can translate market intuition into interaction; under pressure are development groups chasing the rhythm of the market with traditional product roadmaps, and funders treating opinion leader proposals as demand specifications.

Source: Public Information