When I posted this, some projects in my comments saying look at us, we are real projects.

I ask how much revenue do you have and what are your plans for revenue?

No answer, crickets.

Joke industry.
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The only thing which will save onchain is real projects launching with real products and real revenue.

Until that happens, all the hand wringing & finger pointing will go nowhere.

If you have good shit to invest in, then scams/vaporware unnecessary.

But so far crypto has been mostly a scam industry.

It’s easier to point fingers than build real things.

So nothing will change.
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It’s called tragedy of the commons.

Ppl still don’t understand that the types of ppl who want to change their life overnight are exactly the same which decay an entire ecosystem.

Place a lottery ticket sales booth in an upscale store & see what happens to the entire place.
the saddest part about crypto is that we’ve somehow managed to kill the one thing that made ppl want to come here in the first place

the possibility of making life changing money

we’ve gone from ppl dreaming about coins worth hundreds of millions to everyone competing to exit before the next retard at $500k

and the ppl running the platforms don’t really care because whether u make money or lose it, they still get paid

what a fucking industry
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The bullish thing about @Enter_Elysium is it already has so many launchpads. This is the key to success for any new chain. More launchpads than users.
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It is true this space is filled w scammers.

But I would also argue this place is so primitive & regressive that it absolutely needs to manufacture heroes and villains.

Heroes (KOLs) to tell them what to do so they don’t have to think and villains to displace blame.

Common denominator is no one needs to take any accountability for anything or engage in any introspection.

Just a constant string of heroes and villains and the vulnerable innocent bystanders who merely wanted to get rich quick without providing any value for society or even bother to think for themselves.

This is why crypto is fucked but that’s a conversation no one here is ready to have.
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It’s interesting, ppl here didn’t like that I have been so critical of this space in many of my posts.

Now the entire TL is critical.

Difference is I am proactive and see where everything is headed before it happens, while most just spend their life reacting.

Which is why I sold most of my tokens into euphoria and largely in stables rn. Told my subs over a month ago we heading into PvP. Only holding highest conviction atm (Cade, Tibbir).

My way- Be critical, make money & keep it
Your way- Be hopelessly naive, lose money, complain later

I like my way better.
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Ppl are slowly realizing this is one of the few coins worth holding.

This is pre-revenue btw. Once revenue kicks in AND more bullish conditions….

Well, you had your chance…
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Invest in projects which prioritize token holders imho.
So the Percolator team just rugged all of their early supporters.

Normally I wouldn’t post about something like this, but this situation bothers me, given the lengths I traveled to in order to raise for @CadeMarket while protecting the holders of my token.

If you launch a ng fees to bootstrap your company, abandoning that token in order to raise capital is a lazy and selfish move.

With Cade, the first fundraising round took SIX months. Without our token, it would have taken a week. But I refused to kill the token and fuck over the people that supported me early and made everything possible.

Not only did I make my life miserable and raise capital in a 100x harder way, I even gave token holders the ability to swap the token for equity via SAFE in the company. The same equity that the venture investors were after.

The irony of the Percolator situation is especially funny, given they are raising on a platform that is designed to favor token holders rights, while literally kicking the holders of the original token in the teeth.
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So what is going to be the next catalyst which revives onchain?
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Now the pitchforks are coming out for unethical KOLs.

And they are scumbags ofc.

But nothing here will change.

Just new faces replacing the old.

Bc there’s just not enough good ppl here. This includes holders, traders, deployers, founders, KOLs, everybody.

It’s irredeemable.
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Vlad’s strategy so far has been to give a few RHC projects a shoutout every few weeks. What a joke. Companies in the real world create real products, generate revenue. Crypto mfers wait for some sort of value to be created by “shoutouts” & mentions.

Sick industry.
Robinhood doesn't need to do an onchain AMA. It needs to bring capital in.

The trenches are bleeding. Nobody wants to catch knives in this macro, extraction is everywhere, and the ceilings keep getting lower. Another comment section full of shills won't change that.

A dedicated ecosystem team that researches projects, writes cheques, gives grants, helps teams build, and connects them to RH's network would.

Actions over words.
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Nothing abt crypto prepares u to be a good trader.

Most ppl in crypto made money:

1. Farming
2. Infofi/KOL related shit
3. Using influence to pnd
4. Bundling sub 100k microcap shitters

Etc etc

If they actually had to trade fr they’d constantly lose like the other 95% here.
my not so secret pleasure...

memecoin traders with no actual trading skills, absolutely wrecking themselves publically trading perps on social trading apps
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