Currently, almost every public chain is building ecosystems and investing in funds, but this approach has a problem—relying solely on performance competitions and short-term subsidies makes it difficult to truly accumulate long-term value.

Looking at the practices of some projects makes this clear. Instead of continuing to compete on general public chain performance metrics, it's better to find a real differentiation strategy. For example, some public chains focus on community consensus by building ecosystems through more user-centric approaches, rather than just piling up computing power and rewards.

This mindset actually reflects a reality: in the second half of ecosystem competition, those who can enhance community stickiness will go further. Subsidies will eventually run out, but community trust can be sustained.