PRDD

Those web3 projects without cash flow revenue receive VC investments, creating a "lively" community and on-chain data based on exchange data indicators, enduring until the bull market to spend budget on KOLs and community promotions. When they go live on exchanges, over 80% is poured in, VCs lose money, KOL investments lose money, retail investors get harvested, and yield farmers are counter-harvested. Web3 has become a "slaughterhouse"; who is to blame?

An obvious trend is that cryptocurrency projects without cash flow revenue are gradually being marginalized. Smart VCs and KOLs have begun to focus on building a good narrative and a good product to obtain "positive" returns. Successful agencies are no longer providers of false prosperity, but rather become ride-alongs for high-quality projects, bringing innovative market and product suggestions to cooperative projects regardless of market conditions, and choosing the most suitable KOLs for co-construction.

And you, my friend, are you still paying for empty slogans and false prosperity?