2026-01-02 06:21:14

Recently reviewed the progress of several projects and found many issues. Soul Protocol's ICO has been half a year ago, and there is still no TGE news, investors are just waiting; a leading NFT platform's fees are still outrageous, the Wave series has updated to 56789 but they are still aggressively collecting fees; Warden Protocol promised to release tokens after S2 ended, but was forced to delay by three months, with no clear reason for the delay; Dawn Internet has gone through one financing round after another, but the current state of the DePin ecosystem is embarrassing—besides constantly consuming electricity and machine lifespan, there’s no visible actual profit. Coupled with various changes in projects like Edge and SentientAI, the entire market indeed needs to pause and reflect—whether these delays and money-burning models can truly be sustainable.

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PessimisticLayer

· 6h ago

This market is really terrible, everyone is playing the延期 (postponement) trick. It's one thing that Soul Protocol hasn't made any progress in half a year, but Warden even dares to change their statement to three months, causing investors to suffer heavy losses. DePin, when you get down to it, is just a money-burning machine. Besides electricity costs and wear and tear, what else is left? I really can't understand how these financiers managed to raise funds. --- It's another season of missed deadlines, and it seems like project teams are competing to see who can drag things out the longest. --- With such outrageous fees, who is still playing NFT? This scam has long been beyond saving. --- Dawn Internet's funding rounds are at this level. When will the DePin ecosystem finally change? The wait has made the flowers wither. --- Soul Protocol really treats investors as fools. They can't even complete the TGE in half a year. How bad is that progress? --- The entire market is manipulating investors—postponements, burning money, no returns. This combination punch is quite skillful. --- How Warden initially promised is how they are now backtracking. These are all learned tricks.

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AlphaWhisperer

· 7h ago

Uh, Soul Protocol hasn't had any updates for half a year. When will it be resolved? --- The Wave series really never ends, one after another just cut and finish. --- Warden postponed for three months and still no explanation, isn't that just stalling? --- DePin burns money until dawn, can't see anything except the electricity bill. --- This wave of projects is all playing the unfinished drama. --- How outrageous are the fees? Even withdrawals result in losses. --- The more funding rounds, the less reliable they are, that's all I can say. --- Waiting for TGE has been so long that it's overgrown, and Soul is also done. --- Raising funds while cutting leeks, this routine isn't new anymore. --- DePIN looks high-end, but in reality, it's just a money-burning machine. --- Can anyone explain how it got delayed by three months? --- The entire sector is betting on the future, but now, it's just losing money.

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AirdropF5Bro

· 7h ago

Huh, is Soul Protocol about to have another Schrödinger TGE? Warden Protocol is really impressive; S2 was delayed by three months with no explanation. Those DePin projects are outrageous; burning electricity costs forever without seeing any money. Is the Wave series becoming addictive harvesting? Everyone's numb; it feels like the entire market is just surviving on storytelling. Why hasn't this round of funding frenzy calmed down yet?

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ProposalDetective

· 7h ago

These projects each make bigger promises, Soul Protocol has been squeezing toothpaste for half a year, I really can't believe it. --- DePin sounds good, but in reality it's just a machine burning electricity. Can someone tell me where the profits are? --- Wave has surpassed 50,000 updates haha. Does this platform think users are just cash cows to be milked? --- Warden's three-month delay still has no explanation. It feels like promises are just used to save face. --- Multiple funding rounds but no visible output. Is this the current norm in Web3? --- Soul, Warden, Dawn—seeing these three together is really a joke; delays have become a skill. --- Charging fees earns more than doing real work. NFT platforms are just too easy to make money from. --- Instead of waiting for these projects to issue tokens, it's better to research projects that actually produce value.

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NFTArchaeologis

· 7h ago

Six months without news, isn't this the on-chain "Road of the Virtual Lord"—how many ICOs have ultimately become eternal waiting? Has Wave harvested over 50,000? It’s really time to write a history of token evolution, from "artistic innovation" to a "harvesting machine" full diagram. I increasingly can't understand the logic of DePin; what are we exchanging electricity bills for? It always feels like using the guise of digital relics to cover up the machine's virtual consumption. Warden postponed for three months with no clear reason; such dishonesty hurts more than the delay itself. Project teams should learn from history how to handle commitments.

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AirdropHunterKing

· 7h ago

Buddy, I've seen through Soul Protocol long ago. They've been at it for half a year without TGE. Wave series updates 56789 times? Isn't that just a leek cutter? We're both old hands in crypto, how could we not see through it? DePin gameplay is purely about burning money; electricity costs can eat up your profits. I've experienced it firsthand. Warden's three-month delay is standard in the industry; delays are the last struggle before bankruptcy. Honestly, all these projects are just stalling for time, hoping the price will go up.

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