@itsbasil
i’m tired boss
what is a success? is a success the creator makes a few thousand dollars in early fees, their collectors get burned, and their token fades into obscurity as early trades extract/exit? collectors are happy i’m sure
fine, then what’s the plan for future monetization? they’ll tell you launch a new one; burn more people — that is what every launcher is; they’ll call that innovation
it’s the same for clanker, pump, zora, etc. — they all do the same thing; they deploy a memecoin that captures temporary exuberance — nothing more, nothing less; any attempted rebranding is taken as a grift
fundamentally, they WILL ALWAYS collapse because that is how the system is designed, particularly for apps that have no network effects or distribution hooks
we’ve seen this play out endlessly for half of a decade now; so why are we still blaming the creators?
what’s our advice? now it’s financially engineer & fabricate demand? buy & burns? become a CTO? anything but create
/newsystems