Right now, I’m checking whether the project team is "seriously doing the work" rather than just looking at the white paper; I pay more attention to how the treasury is spent: money is spent slowly but on the right things, which makes me feel more at ease. For example, when the milestone says they will develop a certain module, and on the blockchain I see that this week's multisig transactions for the treasury only include two payments—one for auditing and one for development—the amounts are not exaggerated, and the pace isn’t rushed, that kind of "not just for show" feeling is quite obvious. Conversely, those who have large "operational collaborations" every month but whose code repositories show little activity, I quietly reduce my position… and I don’t make a fuss. Recently, social mining and fan tokens have become popular, saying attention is mining; in plain terms, I’m more worried that attention will turn into a black hole for funds. It’s lively, but in the end, it all comes back to: what has been delivered, what has been spent, and how long can it last? No matter how crazy the market gets, I still need to sleep. That’s all for now.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned