@nt
interesting thread @nastya - appreciate your research and writeup 🙏
lots of grift in this space - one finger should be pointed at the opportunist "builders", but I frankly also think the market to some extent prefers and favours the hyped launches with many bold promises.
perhaps inexperienced builders look at what's successful, copy, ride the wave, and then get discouraged when seeing that actually shipping stuff to fulfil these promises doesn't result in further price action and reward/runway for them.
people bet more on what will rise fastest in hours vs. what will compound in value over years
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