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Can emotions really be traded? --- to talk about Vibes @vibesdotfun today Sometimes the most outrageous things in Crypto are the most real. For example, the market always speculates on news first, and then looks at logic; People would rather follow Elon's tweet than flip through the white paper. This illustrates the fact that sentiment is the core variable that drives prices. Vibes @vibesdotfun just took this matter apart and made it a platform where you can trade directly. ➤ The logic is simple: turn the heat into the target of the transaction You can think of @vibesdotfun as an "emotional exchange". Its approach is actually not complicated at all: it directly turns the fluctuations in social media into contracts that can be opened long or short. Like what: Elon posted a tweet, and the whole network started to discuss it wildly, and you can open a multi-sentiment index on the If Trump's news quickly turns public opinion into negativity, then you can choose to go short. Without a wallet or on-chain operation, Web2 users can enter with one click. Now it is still paper trading, using virtual funds, the risk is basically zero, and it is more to let everyone familiarize themselves with the gameplay first. ➤ Data description: There are indeed people who want to play It's boring to just talk and don't practice, it's more intuitive to look at the data: In the public test in June, the number of registered users exceeded 10,000 on the first day; By July, the number of connected accounts exceeded 100,000+; In the week of August, paper trading volume reached $35 million. What does this mean? It shows that this thing really hits human nature. After all, the heat of trading is much more exciting than looking at a bunch of cold candlesticks. ➤ The difference between prediction markets Many people will put Vibes together with prediction markets like Polymarket. But their core gameplay is completely different: Prediction markets are mostly bets on "something will happen"; @vibesdotfun What is trading is a "change in heat". In other words, prediction markets are more like endgame, while Vibes is more like process trading. This model is quite fresh: it does not care about the final truth, but directly turns "attention itself" into a target. ➤ Background and technology: not fantasy Vibes also did not come out of nowhere, it is the first project of the NEAR ecological Intents platform. The investment institutions behind it include Shima Capital, Animoca Brands, Cypher Capital, etc., which are all front-line names in Web3. Technically, its AI engine analyzes millions of X posts in real-time, condensing complex discussions into a sentiment index. This is very practical: in a world of information overload, machines can capture "emotional inflection points" faster than humans. There are rumors that some of Elon's hot spots before, the platform's sentiment index is even faster than the market reaction, which is actually technical verification. ➤ Why it's worth paying attention to Vibes is still in beta, and all transactions are virtual funds, so even if you make a mistake, you won't lose money. For newcomers, this is a training ground to accumulate experience in "how to capture the rhythm of the narrative". More importantly, everyone in the currency circle understands that the participation record of early testing often has real value in the future. Officials have confirmed that there will be a token TGE in Q4, and the airdrop expectation is basically certain. In other words, if you participate now, you can not only learn, but also benefit. ➤ Risk and calmness Of course, emotions are a good thing, but they are also dangerous. It has inertia, but it can also be reversed instantaneously; When everyone is staring at the same gust, the wind may stop; After truly entering the real market, liquidity and team execution will still be tested. So I think it's better to use it as a fresh testing ground rather than a short-term speculative tool. Learn first, bet later. In the crypto world, narratives often outweigh facts. What Vibes does is directly convert this narrative heat into trading assets. This incident sounds "virtual", but on the other hand, emotions are the most hardcore driving force in the market. If you agree that attention is value, Vibes is a logical attempt. Now in the public alpha stage, there is no principal risk, and it is the best time to get started. Familiarize yourself with the gameplay early, and wait until the Q4 live market and token launch to avoid being in a hurry. After all, in this market, those who understand in advance can always take the lead.