Lately I've been looking at a bunch of proposals for PFP/member passes, and honestly, everyone is gambling: whether it's a long-term "identity + rights" or a short-term attention spike. My gut feeling is, whether a brand can withstand it doesn't depend on how detailed the avatar art is, but mainly on whether the rules are human-readable and if there’s a "cash-out" path for the rights. Otherwise, once the hype dies down, all that's left is group chat hype.

Also, recently, with news of some regions tightening and loosening taxes and compliance, everyone's deposit and withdrawal expectations immediately became sensitive, and community sentiment swung accordingly: members who originally planned to hold long-term suddenly became short-term chips... It's quite realistic.

A simple safety step I’m willing to take is to use a separate hardware wallet for important holdings and voting. I review the lines involving fund permissions in proposals twice before signing. It’s a bit troublesome but gives peace of mind. Anyway, avatars can be changed, but once permissions are given to the wrong person, it’s really awkward.