On-chain User Type Analysis: Characteristics, Advantages, and Development Path

On-chain users can be roughly divided into three categories: airdrop participants, DeFi enthusiasts, and speculative traders. Each category of users has its unique characteristics and behavior patterns.

Airdrop participants mainly focus on the free token distribution activities of various Web3 projects, often investing little or even no cost to obtain potential returns. These users are often jokingly referred to as "sheep shearing party."

DeFi enthusiasts are keen on the decentralized finance ecosystem, where they earn returns by providing liquidity, staking assets, participating in lending and arbitrage, in pursuit of relatively stable long-term returns.

Speculative traders primarily focus on high-risk, high-reward investment opportunities, especially in the meme coin space, as they hope to achieve rapid wealth growth by seizing market trends.

These three types of user groups exhibit distinctly different characteristics. We can conduct a comparative analysis from five dimensions: technical ability, risk preference, time investment, community participation, and return expectations.

Airdrop participants are characterized by a higher time investment, moderate technical requirements and community involvement, and relatively low risk tolerance and return expectations. They need to continuously monitor project updates and complete various tasks to qualify for the airdrop.

DeFi enthusiasts excel in technical capabilities and risk tolerance, with higher expectations for returns, but relatively low community engagement and time investment. These users typically need to have a deep understanding of complex financial protocols and risk management strategies.

Speculative traders score high in risk appetite, return expectations, and community engagement, but the technical skill requirements are relatively low. They rely more on market sentiment and community atmosphere, expecting to achieve huge returns through short-term speculation.

The choice of which type of player to become should be based on individual time, capital, skills, and risk tolerance.

If you have plenty of time, limited funds, and a low risk tolerance, you might consider becoming an airdrop participant.

If you have a strong technical background, a certain financial foundation, and are willing to take on moderate risks, then the DeFi space may be more suitable for you.

If you are passionate about high-risk, high-reward investments, can withstand significant losses, and are skilled at gauging market sentiment, then speculative trading may better suit your style.

It is worth noting that these roles are not fixed. Many users will adjust their strategies and positioning as they gain experience and as the market changes. It is not uncommon for someone to start as an airdrop participant, gradually delve into the DeFi space, and eventually shift towards speculative trading.

Regardless of the role chosen, the key lies in continuously learning and adapting to the rapid changes in the industry. Finding a suitable development direction and continuously accumulating experience and knowledge is essential to achieving long-term success in this field full of opportunities and challenges.