
SOL Foundation: The PayFi application scenario is the white whale of the cryptocurrency industry; tokens with a community will not truly disappear
[SOL Foundation: PayFi application scenarios are the white whale of the crypto industry, and tokens with communities will not truly disappear] According to Jinse Finance, Liu Yuanli, chairman of the Solana Foundation, stated at the Consensus Hong Kong conference that the application scenarios of PayFi are enormous, representing the white whale of the crypto industry. If the purpose of every blockchain is to become a global financial infrastructure, then the core goal of these technological stacks and industries 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-term viability. The vision of PayFi is to facilitate payments in economic activities, that is, to exchange tokens for services, which has not yet been truly realized

