The Elephant in the Room: Are We Funding Innovation or Outsized Web2 Salaries?
I keep seeing the same narrative popping up across the timeline: “We need more funding for Cardano projects,” “Why isn’t the ecosystem supporting its builders?” or “We need to rally together to save [Project X] from financial issues.”
But while everyone is jumping to look for solutions on how to deploy more capital, almost no one is asking the foundational, hard questions about fiscal responsibility and operational runway.
Let’s be real for a second. When we look beneath the hood of some of these struggling projects, we have to ask: Are these genuine Web3 innovators or are they just failed Web2 founders looking for a decentralized safety net to fund obscene corporate salaries?
Starting a company in any industry, but especially in crypto requires a lean, gritty mentality. It means keeping overhead low, managing cash flow like your life depends on it and prioritizing product delivery over massive personal payouts. Instead, we’re seeing early stage startups overspending from day one, paying executive and staff salaries that would make established, revenue generating companies blush.
A few realities we need to start addressing as a community:
VC Rules Still Apply: Just because funding comes from a treasury, a catalyst fund or a community raise doesn't mean it’s "free money." It needs to be managed with the same strict discipline a traditional venture capitalist would demand.
Proof of Value Before Proof of Payout: If a project is burning through hundreds of thousands of dollars before delivering a working product or achieving any semblance of product-market fit, the issue isn't a lack of community support, it’s bad management.
The Startup Ethos: Early stage building is about sacrifice and alignment. If founders aren't willing to tie their compensation to milestones, revenue, or long term growth, their incentives are fundamentally misaligned with the holders and users funding them.
Supporting the ecosystem shouldn't mean blindly subsidizing poor business models or inflated payrolls. True support means demanding accountability, transparency and a realistic path to sustainability.
If a project is failing purely because they overspent on operations before they built a user base, that’s not an ecosystem funding problem. That’s a basic business failure. It’s time we start asking the right questions before we open the wallets. This post is not aimed at any project in particlar.
A whopping 75,000 people have signed the @SaveEuropeAct in less than 48 hours.
The native peoples of Europe have had enough. Together, we will make remigration happen.
Go to https://t.co/h2FixvZnjK and sign if you haven’t already.
It’s two minutes to midnight. The time for talking is over; the time for action is now. That’s why we are presenting the first-ever patriotic European Citizens’ Initiative: the @SaveEuropeAct.
Acknowledging the ethnocultural continuity of Europe’s peoples as crucial for the preservation of Europe, we demand an immediate and total halt to immigration and the creation of a comprehensive European Remigration system.
To achieve that, we need your help. With a million signatures, the European Commission must meet with us face-to-face and take a stance on remigration and the future of Europe as a whole.
Big opportunity for @Cardano projects!
Amplify Cardano is covering 5 booths for 5 projects for @RareEvo to help you showcase what you’re building to a massive Web3 audience.
Tag your favorite project and let them know!
Apply today 👉 https://t.co/ci4PTAamtS
@IOHK_Charles@lace_io For the culture. We see you Logan. 🦞
Infinity Rising here. An open world sandbox MMO with player owned economies and real systems. In prealpha and moving aggressively toward Alpha. Steam and Epic wishlists are open.
$RISE powers the ecosystem
Linktree https://t.co/QYBhnbdwDH
WEB3 GAMING IS NOT THE FUTURE…
well it is... but it’s not that simple
Most projects flop because 👇
- lack of quality + dookie gameplay
- trying to please crypto bros AND gamers
- unsustainable promises of P2E
- scary crypto UI/UX for on-boarding
But is there hope?
🧵1/13
IMO #GAMING is about to run INSANELY hard, when the market bounces 👾
My current TOP 5:
1. #WAGMIGAMES $3.2m MC
2. $MCADE $7m MC
3. $SUPER $122m MC
4. $RISE $4m MC
5. $BEAM $141m MC
What token SHOULD be in my TOP 5?
First run in Infinity Rising.
You grind, loot, and finally afford one jetpack. AeroTrails are calling and you can only choose one. Glidesport or AlienX.
Veterans, which are you choosing and why?
@patrickbetdavid@patrickbetdavid 100% @TimothyAlberino! A Christian explorer who’s trekked deep into the Peruvian jungles investigating (lost) ancient cities and technologies; all from a biblical POV. Giants, UFO’s, angels, aliens; all substantiated by some seriously compelling evidence. 🙏🏽
Our Biome Christmas Raffle has ended and the winners have been selected! 🥳🥳
3 Mystery Boxes with each box packed with high-value prizes. Congratulations to all the winners!
A big thank you to everyone who participated. This is what the Biome Ecosystem is all about; rewarding our community, creating value and keeping the momentum strong!
More rewards, more utility and more wins ahead. Strap in, this is just the beginning!
@joeroganhq@joeroganhq 100% @TimothyAlberino! A Christian explorer who’s trekked deep into the Peruvian jungles investigating (lost) ancient cities and technologies; all from a biblical POV. Giants, UFO’s, angels, aliens; all substantiated by some seriously compelling evidence. @joerogan 🙏🏽