Lately I’ve been looking at a bunch of PFPs and membership passes again, and it feels like a nightclub wristband: it’s great the moment you put it on, but after a couple of days you start asking, “What exactly am I proving?” Brand value is definitely something that holds long-term, but on-chain it’s more often a short-term attention game. Put simply, when the emotion is right, people rush in—when the emotion is gone, the crowd disperses. I’m not pretending to be a believer.



What’s more annoying is that phishing links are flying around everywhere right now, hardware wallets are out of stock, and people who genuinely want to hold long-term are forced to drill basic security fundamentals… (as a quick-click type, I might click the wrong thing by accident). Anyway, whenever I see links like “airdrop/whitelist/claim,” I’m going to cool down for two minutes first. If the membership is gone, you can still go after it later; if the wallet is gone, it’s basically game over—I’m offline.
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