Solana Foundation: If a token has a community, it will never truly disappear

ChainCatcher news, according to Hong Kong Wen Wei Po, executives from the Solana Foundation stated at the Consensus Hong Kong conference that the application scenarios for PayFi are enormous, representing 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 technological stacks and the industry is to create a financial layer that allows the 5.5 billion people with internet access to use it.

Once a token has a community, it means it will not truly disappear. For example, Ethereum Classic or projects like Bitcoin Gold and Bitcoin Diamond, which are rarely mentioned, continue to have significant market value due to their community size and long-lasting vitality. The vision of PayFi is to facilitate payments in economic activities, that is, to exchange tokens for services, which has not yet been fully realized.