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Why do internet products like "Facebook," "Renren," "Tencent" often rise by relying on university student groups in their early stages?

Because the new generation of university students have high educational levels and strong acceptance of new things, they form communities through schools and classes, and their study and life are deeply integrated with the internet.

Therefore, compared to the general public, the diffusion and viral effect of products and information are most evident in this group.

Similarly, the substitution effect of products is also more noticeable and rapid...

Of course, the Wisdom Tree project can quickly gain such influence due to its referral program that grants 5 Wisdom Coins for introducing new users, which plays a significant role.

"Hehe! The story behind the Spider Web is not as simple as you think...

You think this product caused such a stir in academia and even affected certain people’s interests at the top, yet why hasn’t anything happened so far?"

The chubby guy pondered, "Elder Zheng, are you suggesting that soone backs Baiyeji?"

"Heh!"

Zheng Qiu, having been in Shuimu for decades, understood so so-called "academic authorities."

So, to be able to fairly compete with companies like Spider Web, which monopolized certain "academic resources" with deep-rooted associations, the power behind it is quite extraordinary.

"It definitely has backing, but that’s not what I want to say; there are many scams with backing, aren’t there?"

As Zheng Qiu spoke, he opened Baiyeji’s official website and pointed to a newly released announcent.

"Take a look at this."

Yu Hua leaned over with curiosity.

"Hmm...Notification about opening the internal ’Wisdom Coin’ for transactions with related ERP services, AI products, new energy vehicles, computing power marketplace, and other related products from today..."

He smacked his lips in confusion, sowhat uncertainly.

"It seems like we can use those ’Wisdom Coins’ to buy various services from Baiyeji?"

"Exactly!"

Yu Hua gradually realized, his eyes instantly brightened!

"So, those Wisdom Coins we have could also be used for renting computing power? That’s another big inco!"

Zheng Qiu shot a glance at the chubby guy.

"Always thinking about money! Think deeper."

The chubby guy rubbed his chin, and the next mont his eyes lit up, "Besides computing power, can this virtual coin also be used to open a ’Bajie’ account?"

He had long coveted the AI product "Bajie," but he couldn’t afford to buy the accompanying car...

"You’re getting slightly closer!" Zheng Qiu nodded slightly.

"Whether it’s the knowledge-sharing platform Wisdom Tree, Tianshu ERP, computing power marketplace, or the most popular ’Bajie,’ Baiyeji’s products are at the top of the industry in terms of technology.

The technical content far surpasses similar products, market influence is rising rapidly, and it can be said that the future potential is limitless.

If combined with a profound background, it might soon beco a unicorn in various niche fields.

You must understand that strong product strength leading to market recognition can convert into trust in virtual coins!"

"Elder Zheng, are you saying this ’Wisdom Coin’ will appreciate?"

Amidst the smoke, Zheng Qiu’s gaze deepened.

"Appreciation? That depends on your perspective...

Bitcoin is popular in the market not just for technical innovations but even more so for scarcity speculation.

But its greatest flaw is the lack of any credit backing, wasting massive computing power and energy, so investors see it as an unsustainable castle in the air, destined to be a transitional product eliminated by the era of virtual currency.

At most, it might beco so collectible in the future.

But this ’Wisdom Coin’ is different..."

"How different?"

"You know our country is promoting digital RMB, right? To promote digital RMB, the key is for our massive ’industrial products’ to back it.

As for national credit, that’s nonsense because as long as the profits are big enough, even across the ocean, they can declare bankruptcy the sa day.

So... your digital RMB can be equivalent to affordable products from Country Hua worldwide, which is its greatest market competitiveness.

From this perspective, Baiyeji is doing the sa thing."

The chubby guy scratched his head. "Is it really that profound? I still have hundreds of Q coins that can recharge gas, activate super mberships, open various diamonds, QQ video VIP...

Yet, Tencent hasn’t achieved anything amazing with it as a virtual coin, have they?"

"Yes! Many internet giants worldwide want to create virtual coins, which is an irreversible future trend.

I believe it won’t be long before the first company announces its products accept virtual coin transactions, likely using the world’s most recognized Bitcoin.

But it won’t be long before they realize Bitcoin’s inherent disadvantages are too significant and destined to fail.

Then they will want to use their vast products and ecosystems to nurture their virtual coin.

Ultimately, success will depend on who holds the most advanced virtual coin rules, who can monopolize the technology, and who possesses the most irreplaceable future tech products!"

"Uh... I think I understand. Elder Zheng, are you saying Baiyeji can succeed?

But it’s just a startup company less than a year old?

Its market value isn’t even a fraction of Tencent’s..."

"Ambition isn’t about high market value; have you seen any high-tech company less than a year old making such a big impact in so many promising future internet fields all at once?" Zheng Qiu retorted.

"Uh... no, I haven’t."

"To explore the technological frontier of the world, I’ve been studying Baiyeji for a while now..."

"Wait! Are you sure it’s not about money?"

"Don’t interrupt, in short, I found this enterprise really has sothing, especially in computing algorithms, which give an unfathomable feeling!"

"How deep?"

Zheng Qiu took a deep drag on his cigarette, "Do you rember those three math problems on our school’s BBS?"

"Of course, giving problems without solutions is outrageous!

To this day, there’s still no update, now ’Open Source Emperor ng Changjun’ ranks first on Shuimu’s ghost list!"

"Uh... that’s not the point. The point is, I feel so algorithms of the opposite side seem to echo certain functions from those three problems..."

"Hmm?" The chubby guy paused, then reacted.

"Elder Zheng, are you suggesting... that this mysterious ’Open Source Emperor ng Changjun’ is within Baiyeji?"

"Well... it’s just my guess, so..."

"Clap!" Zheng Qiu clapped Yu Hua’s shoulder with a serious face.

"So... my dear and most valued disciple, I have an extrely important mission for you!

This directly relates to our financial future..."

"Wh...what mission?"

"Infiltrate Baiyeji!"

"Huh?"

You are reading My autobiography is definitely not a tragedy! Chapter 824 - 494 Master’s Assignment2 on novel69. Use the chapter navigation above or below to continue reading the latest translated chapters.
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