SOL Foundation: PayFi application scenarios are the beluga of the crypto industry, and the token ownership community will not truly disappear
Liu Yuanli, chairperson of the Solana Foundation, said at the Consensus Hong Kong conference that the application scenario of PayFi is huge, and it is the white whale of the crypto industry. If the purpose of each blockchain is to become a global financial infrastructure, then the core goal of these technologies and industries is to create a financial layer that can be used by 5.50 billion who own the Internet. Once a token has a community, it means that it will not really disappear. For example, Ethereum Classic or rarely mentioned projects like Bitcoin Gold and Bitcoin Diamond continue to have a huge market value because of their community size and long-term vitality. PayFi's vision is to pay in economic behavior, that is, to exchange tokens for services, which has not yet been truly realized.