Lately I've been a bit tired, but I still casually run scripts... I want to see if the project team is actually working; I really don't buy their storytelling. First, look at how the treasury spends: whether the money is released in stages according to milestones, or if it's all paid upfront to "advisors/partners" with no follow-up. To put it plainly, milestones are not on Twitter; they are on the blockchain: when does the team start intensive spending, whether development activity keeps up after spending, and whether the budget is burning quickly—these are more reliable than PPTs.

There's also a small detail: a team that takes their work seriously will have a rhythm to their spending—expenses like hiring, audits, infrastructure will align with the timeline; careless teams, on the other hand, have treasuries like leaky buckets, transferring funds today and dismantling them tomorrow, ultimately relying on community sentiment to keep going.

By the way, recently hardware wallets are out of stock again, and phishing links are everywhere... Security awareness really can't rely on "reminders"; it's best to assume all links are trying to scam you. Anyway, I’d rather go through a bit more trouble now than give money to others. That’s all for now.