Recently, I’ve seen again that the initial data of blockchain game pools looks pretty good, but after a couple of weeks, they start saying “Daily output is quite a lot, but the token price is getting weaker”… Basically, it’s just inflation that can’t be handled: output relies on printing, demand relies on “hope,” and when new players stop, selling pressure drains the pool. The project teams also love to talk about “dynamic adjustment,” but it’s just shifting losses from early investors to later ones, changing the name and continuing to run.

What I don’t regret is that I always check the contract permissions and unlock tables first, even if people say it’s spoil-sport; at least I know whether the pool is leaking slowly or if they’ve opened the floodgates directly. By the way, comparing Layer 2’s TPS, fees, and subsidies daily also seems similar—subsidies can attract users, but once subsidies stop, the real demand becomes awkward… Anyway, I’d rather play a little less than become “fuel” for the “output.”