Recently, I've seen a bunch of social mining/points/badge gameplay again, basically turning "identity" into quantifiable numbers, then using FOMO to push you to spend your time. When I analyze token models, my favorite thing to look at is: what can points actually be exchanged for, who is paying the bill, and whether the rules can be changed. Many projects initially give you the illusion that "hard work will be seen," but later, when they adjust the weighting, your previous interactions instantly become unpaid labor... Anyway, I now prefer to do fewer tasks, and ask myself: am I building long-term credit, or just twisting a faucet that can be turned off at any time to drive traffic?

And recently, that kind of interpretation that ties ETF capital flows, US stock risk appetite, and crypto price movements together tightly also affects my mindset: whenever there's a slight change, I want to rush to complete tasks or earn points, afraid of missing the "narrative." But no matter how hot the narrative is, time is a real cost.

My current approach is very crude: only do things that can be embedded into the blockchain or social relationships. Badges look nice, but don’t treat them as assets... As for which projects are truly worth spending time on, you know what I mean.