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@lechiffre Couldn’t resist after your post — you inspired me to build this 🔥
Check how much $ETH and $LINEA you’ve burned since Sep 11 👇
🔗 https://t.co/25QgTT1TX4
Huge congrats to @LineaBuild on the historic burn! 🚀
This meme shouldn’t be read as a jab at @LineaBuild
alone, but as a statement of complete distrust toward Linea, @Consensys, and the entire consortium.
You’re tired of seeing this? Fair enough, I get it. But maybe it’s worth asking what’s at the root of it. It’s easy to blame “farmers” who sell and are “ungrateful.” Yet a lot of the negativity is also coming from the most active users of the network and its protocols. Why is that? Is it the token price? - No.
First - people don’t buy the narratives about revolutions and “strong tech tokens” when every new “for the ecosystem” unlock is followed by an aggressive market dump. Let’s wait for November 10 and watch it play out?
Second - for two years folks listened to these stories while building right after mainnet, and their points and contributions kept getting diluted (just like the value of the tokens they held is dropping now). As for the community - I mean the real people who lived and still live in the ecosystem - they got thrown under the bus :) The builder airdrop is another killer factor in the distrust toward Linea/Consensys.
Third - a communication vacuum on top of a trust failure. The @LineaBuild team joked about “paper-handed” farmers who would cry, but in reality those very farmers turned out to be the most clear-eyed.
Users understand perfectly well that right now all the building - and the party - sits on the shoulders of holders. Guys, go ahead and buy 30kk$ $LINEA from the market (for the @MetaMask rewards, by the way - also cash extraction). Why are we paying for this token pyramid scheme? Consensys out of money? Or are you planning on giving us some of your campaign's shares? You know, that would be great, then it would make sense. But you're not idiots, you have candy wrappers for us. Candy wrappers for the idiots from Web3, ETH/securities for the institutions.
Again, the news about @Consensys IPO. Why would institutional investors go and buy $LINEA or $MASK after that? Once again, the interest in these tokens gets diluted.
It’s starting to feel like these tokens have only one mission - the final extraction of money from the community. Am I wrong again? 🥶
People don’t need castles in the air right now (@swiftcommunity, @SharpLink), give them support and solid ground under their feet.
Just think about it. Just think.
Right now, ordinary norm-holders are in the same position as if they'd bought some slow ragpool meme on Solana: a bunch of stories about future greatness, about how we're building, and constant selling to the market. This needs to change.
@0xcyp but to you personally, man - big thanks. You actually stepped up and reached out
Bro, I’m sure that 99.9% of people in the entire market still have no clue what Linea really is. They think the team is dumping tokens, they still believe the token is just for governance, and all of your or my long posts about Linea and Etherex change absolutely nothing. People only look at the price - and they bash both Linea and the team behind it.
P.S. I also have plenty of concerns about Linea, because it’s part of a huge machine called Consensys - which, due to its corporate nature, is very slow, bureaucratic, and can’t afford to make mistakes. There are tons of legal hurdles, extremely long audits; this isn’t a fast, flexible, passionate team of enthusiasts like Hyperliquid.
They do everything slowly and constantly delay deadlines. MetaMask, unfortunately, still looks terrible - insane fees, constant bugs; I have no idea who in their right mind is using it regularly. As for StatusL2 - it’s not even clear what it’s for or who’s going to use it.
The money from Sharplink - nobody knows when it’ll actually arrive, no clear dates. And if their liquidity just sits in https://t.co/BrvJtezjNs and on lending platforms, it’s unclear how that’s supposed to generate more fees or help Etherex. There’s zero explanation of how this is supposed to grow the network or turn the tide so that those calling Linea a scam change their minds.
Linea’s marketing is really poor. They don’t explain anything on social media - they just drop some random fact, and then the whole Consensys “brotherhood” of employees and believers just mindlessly retweets it like monkeys. There’s no soul in any of it. Even Declan Fox only starts replying to questions when someone higher up forces him to calm down the community.
They need to seriously speed up, start doing real educational outreach, and finally show something that actually works successfully.
There's been a lot of buzz about people wanting to fork PunkStrategy for various NFT projects.
We think we can do it better, while also accruing value to back to the $PNKSTR token.
The NFTStrategy™ platform will be released in the coming days.
I understand the developers, but honestly I'm sure many are put off by the 20% commission that goes to the developers and not to the treasury.
I'm sure the project will have many more fans and will attract more investment if the developers received less commission, maybe you'd better intervene in this?
If 95% went to the treasury and 5% to the developers it would be much better
$PNKSTRG
💰 April Success.
Lifetime auction starts at 16 UTC on @exchgART.
Might be you last chance to join the winners team.
Whales already in: https://t.co/5ge1bPjH5R