Recently, I ask myself whether projects are actually getting work done—yet I end up checking the treasury expenditure records first… To put it bluntly, where the money is spent is more honest than a PPT. The R&D, audits, and node subsidies all look more solid; but all those “market collaborations” and “consultant fees” are broken down into extremely tiny pieces, and that makes me a bit suspicious. They didn’t even spend more than a few dollars on gas, yet ironically first they burned their own branding fee.

Milestones shouldn’t just be “Q2 launch,” either—it's best to line them up with actions on-chain: contract deployment, testnet interactions, the kind where real people are actually submitting PRs. Especially after that chain game crash everyone has seen—once inflation kicks in and studios move in, the token price spirals downward, and the treasury is still spraying money to buy volume… basically, it’s accelerating the cooldown.

Am I being too stingy?
Yeah, I’m stingy. In any case, I’d rather see them spend the money on places where it can actually land.