> it wouldn't work with the current CT audience because 99% of people are here to get rich quickly

progress will be slow until this changes

“skating to where the puck is going”

we see one successful friend.tech, we fund 15 more; all fail 

we see one successful pump.fun, we fund 15 more; all fail (generally)

we see one semi-successful play-to-earn campaign, we push $12.5b into tokenized gaming; all fail

we see a new memecoin being pumped by our leaders, we buy it; it collapses; we lose new users 

vcs see one semi-successful tge, we get hundreds of millions in early vc exits; nothing makes it to the next cycle; newcomers get burned 

we call tokenization “innovation”; we call “coins” any number of things depending on what narrative were currently pushing 

every cycle, someone goes to jail (several)

musical chairs for YEARS; now we expect whoever remains here to be “in it for the right reason”

they are here to maximum extract & get as rich as conceivably possible in the shortest period of time possible 

that’s what gets funded; that’s what generates revenue; that’s what our leaders push

why would it be any different?

considerably unserious // building idle rpg /animarising

Yup, totally agree. Everyone in the space right now be it VCs, teams, or influencers just wants to extract as much as they can and run off with a ton of money.

They prey on the original dream of crypto that anyone can make it and take advantage of the naive. And it’s only going to get worse from here now that the government has taken a liking to it.