5 years in crypto.

Again and again I’ve seen amazingly well done projects fall apart, for no real reason at all. This is why I gave up on Mass Adoption.

I’ve spent my time on sites like this, Lens, t2, and many others, and it does not matter how good the system is, the developers always drop the ball. It’s 100% of the time.

Lens had no reason to fail. But, after moving to its own chain, devs just stopped showing up. They didn’t even try to get a solid ecosystem going. A half dozen working dApps. Another dozens apps promising updates for months and months.

Okay. Let’s look at this big time that went stupid. Zora. Zora was working great as a legitimate NFT marketplace, and browser. Until devs introduced creator tokens, which have been tried everywhere and fail each and every time.

Now, here at Paragraph. 2 years ago. Paragraph.xyz was my absolute favorite way to blog. Mirror.xyz wasn’t my style, but was also going solid work. Then paragraph nuts mirror, and a .com for itself, and follows that up with the app killer: Creator coins.

There’s no way for independent artists, writers, or people to make money with creator coins. Sure, if you routinely charge $40k for your work, creator coins can be a great way to market your work. But, a single blog post?? Why the fuck would that ever need to be tokens? It wouldn’t. Now Paragraph is as useless as Zora, p00ls, and every other dumbass” buy a piece of it” system.

These systems do one thing. Kill everyone using them that doesn’t have $100k to invest. Drive out the average user. Great work. What happens when 80% of users can’t afford to be users anymore? Market crash. Yup. Can you see it clearly now?

I’ve watched this pattern happen repeatedly since I first got a random XLM airdrop, and started exploring.

That’s all for now. Mainly because I know that nothing I post here will ever be appreciated.

• Peace,

• Jack Lhasa

• @exoteric

• jlhasa.eth

• https://ko-fi.com/jacklhasa

• Building Realities with Jack Lhasa | Substack

  Jack, Dave, and a ton of guests giving you the best of modern writing, in new and different ways, every day! Click to read Building Realities with Jack Lhasa, a Substack publication. Launched 6 months ago.

  https://exoteric1.substack.com

  

• https://www.worldanvil.com/w/moonshadow-exoteric

5 years in crypto.

Again and again I’ve seen amazingly well done projects fall apart, for no real reason at all. This is why I gave up on Mass Adoption.

I’ve spent my time on sites like this, Lens, t2, and many others, and it does not matter how good the system is, the developers always drop the ball. It’s 100% of the time.

Lens had no reason to fail. But, after moving to its own chain, devs just stopped showing up. They didn’t even try to get a solid ecosystem going. A half dozen working dApps. Another dozens apps promising updates for months and months.

Okay. Let’s look at this big time that went stupid. Zora. Zora was working great as a legitimate NFT marketplace, and browser. Until devs introduced creator tokens, which have been tried everywhere and fail each and every time.

Now, here at Paragraph. 2 years ago. Paragraph.xyz was my absolute favorite way to blog. Mirror.xyz wasn’t my style, but was also going solid work. Then paragraph nuts mirror, and a .com for itself, and follows that up with the app killer: Creator coins.

There’s no way for independent artists, writers, or people to make money with creator coins. Sure, if you routinely charge $40k for your work, creator coins can be a great way to market your work. But, a single blog post?? Why the fuck would that ever need to be tokens? It wouldn’t. Now Paragraph is as useless as Zora, p00ls, and every other dumbass” buy a piece of it” system.

These systems do one thing. Kill everyone using them that doesn’t have $100k to invest. Drive out the average user. Great work. What happens when 80% of users can’t afford to be users anymore? Market crash. Yup. Can you see it clearly now?

I’ve watched this pattern happen repeatedly since I first got a random XLM airdrop, and started exploring.

That’s all for now. Mainly because I know that nothing I post here will ever be appreciated.

• Peace,

• Jack Lhasa

• @exoteric

• jlhasa.eth

• https://ko-fi.com/jacklhasa

• Building Realities with Jack Lhasa | Substack

  Jack, Dave, and a ton of guests giving you the best of modern writing, in new and different ways, every day! Click to read Building Realities with Jack Lhasa, a Substack publication. Launched 6 months ago.

  https://exoteric1.substack.com

  

• https://www.worldanvil.com/w/moonshadow-exoteric