The Big Fund can actually learn a lot from meme coin traders. In the long-tail market, what truly plays a decisive role? Many people immediately look at DAO governance structures, tokenomics, and so on, but they overlook the most core aspect—the team itself.

Look at those successful meme coin projects; their success is often not due to complex tokenomics, but because of the trust the team inspires. The alignment between the team and the assets is the decisive factor. In comparison, large institutional investors often focus excessively on structures and data models, and are instead overwhelmed by a bunch of secondary information.

To put it simply, a reliable team + asset consistency = core. The rest are just distractions.