7 harsh truths about web3:
1. 80%+ of โcommunityโ are speculators that will leave in the first 2-3 days of launch.
2. Product is 5%, timing of sale, announcements, market conditions in 95%.
3. Most web3 crowed probably wonโt use/play web3 games, platforms, apps. Unless thereโs an economic incentive.
4. You will most likely get scammed, hacked, click a dodgy discord link, fat finger/typo a transaction at least once. Donโt care how smart you are.
5. Most Utility coins or NFTs will never actually have utility.
6. A strong social media presence/frequency will far outweigh any other success factor of a project.
7. Actual product users/game players donโt exist in web3 yet. They probably never will unless โmaking moneyโ becomes a far secondary part of web3 value.
In a bull run all you think about is trading
In the bear like the one we're in now, you can network, build awesome shit, and meet your next billion-dollar business partner
The choice is yours: place trades you're probably going to lose, or build something special