According to Wu, QwQiao, the co-founder of AllianceDAO, stated that the next generation of mainstream crypto applications may be built by teams of 2-3 people, with initial funding of about 500 thousand USD, and a 2-year period to explore product direction. If the application is successful, its revenue could be sufficient to support the team without needing further financing. He emphasized that this new entrepreneurial model relies on the asset and capital flow capabilities brought by global distributed ledgers, a phenomenon that has not been seen in previous entrepreneurial ecosystems.

Wu learned that QwQiao, co-founder of AllianceDAO, stated that the next generation of mainstream crypto applications may be built by teams of 2-3 people with initial funding of about 500 thousand USD, and they will have 2 years to explore product directions. If the application is successful, its revenue may be sufficient to support the team without needing further financing. He emphasized that this new entrepreneurial model relies on the asset and capital mobility brought by global distributed ledgers, which is a phenomenon that has not appeared in previous entrepreneurial ecosystems.

QwQiao: The New Generation of Cryptocurrency Application Startups Transforming Through Distributed Ledger Technology