Weekly update on development process (Jul 11, 2022)

Fairpool
3 min readJul 11, 2022

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Weekly progress

  • 🤝 Advised the Mars Fellows project.
  • 🤝 Advised another project (stealth mode).
  • 🧠 Explored the impact of virality on the financial assets.

Lessons learnt

The most important goal of any crypto project is to create a viral narrative. The naturally viral narratives can bring enough attention to the token / NFT collection to make 10x, 100x & beyond.

Similarly, the most important goal of any crypto trader is to determine whether a narrative is viral. Only then he / she can count on substantial gains.

A narrative is an idea + reasoning to buy a specific asset. For example:

  • “Bitcoin is a hedge against fiat inflation“
  • “Ethereum will outperform Bitcoin because it has more actual users”
  • “Solana will outperform Ethereum because it has lower transaction fees”

NOTE: We’re not claiming that these narratives are correct. We simply list them as examples that triggered a more than 10x raise in price.

These ideas spread in the population, causing some people to make the corresponding trades. However, most people need to hear the idea multiple times before accepting it & making a trade. This gives you time to analyze the idea & make the trade before the others. But is it possible to determine the virality of the narrative before it actually becomes widespread?

Surprisingly, yes. If the new narrative is similar to the old one, you can predict its performance. For example, “Bitcoin is a hedge against fiat inflation“ is similar to “Gold is a hedge against fiat inflation“, and that narrative has performed well in the past.

However it’s important to ensure that the narrative is viral, not just correct. For example, gold is still a hedge against fiat inflation, but this narrative didn’t become viral during the recent inflation cycle starting in 2020. Instead, “Bitcoin is a hedge against fiat inflation“ became viral.

The “virality analysis” is more general than the fundamental analysis or the technical analysis. The fundamental formulas and the chart patterns are just different kinds of ideas. But they have the same internal structure — it’s an idea, which can be spread.

We hope that “virality analysis” gives you a new way to see the market — and becomes an idea in itself that spreads through the population of traders.

Next week’s focus

  1. 🤝 Advise current projects.
  2. 🤝 Increase our network & strengthen existing connections.

About Coliquidity

Coliquidity ($COLI) allows users to make more money by banking on uptrend & collecting LP fees at the same time. If you want to get notified about early access to our pools, please follow our Telegram & Twitter. If you want to trade the $COLI token, use Uniswap or DEXTools.

Any questions? Reach out to us:

Website: www.coliquidity.com

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