How Stories Create Demand Before Utility

In traditional markets, value is tied to fundamentals. In crypto, value often begins with perception.
Stories create emotional engagement. They simplify complex ideas into digestible beliefs. When enough people believe a story, it becomes a self-fulfilling cycle.
Utility comes later. Demand comes first.
This is why early-stage projects can reach high valuations with minimal products. The narrative attracts attention, attention attracts users, and users create momentum.
Ignoring this dynamic is a strategic mistake. Because by the time utility is proven, the opportunity is often reduced.
Smart participants position early — not based on what exists, but on what people are starting to believe.
Narratives are not lies. They are expectations about the future.
And markets price the future before it arrives.
Deadline: April 15th
Details: https://www.gate.com/announcements/article/50520
#GateSquareAprilPostingChallenge #GateSquare #创作者冲榜 #内容挖矿 #Gate广场