Why is the bearish outlook so firm? $PIEVERSE The core function of this project is to issue an 'invoice' after trading on-chain. But the reality is: in the current Web3 ecosystem, the group that truly needs compliant on-chain invoices is extremely limited. Most users simply do not need it—either personal transfers do not require it, or they do not want to expose more information, or the enterprises themselves have already adopted mature Web2 financial tools and will not specifically migrate processes for an on-chain receipt.
The project team emphasizes a 'minimal user experience', but in the crypto world, every additional step (connecting wallets, authorizing, creating receipts) is a point of user attrition. More critically: for most scenarios, the Etherscan transaction hash itself can serve as proof of payment, so there is no reason to create an additional 'on-chain invoice'.
Overall, Jinmao believes: The demand is non-existent, the usage threshold is too high, and the user pain points are unclear, making the project lack substantial value.
Therefore, I choose to short and continue to maintain a bearish view. Everyone, seize the opportunity.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.