good read on ore
there's actually some good things being built on solana but they get overlooked because pumpfun has sort of plagued the entire chain. think there's assymetry in finding sol projects with proper incentive alignment between devs and holders - pretty much the opposite of pumpfun coins
1/ Excited to finally publish Cash Flow King, a deep-dive initiation report on solana:oreoU2P8bN6jkk3jbaiVxYnG1dCXcYxwhwyK9jSybcp Protocol.
The ORE ecosystem has no shortage of dashboards and data. What's missing is a single resource that provides context, and connects the dots. So I wrote one.
https://t.co/Psjghnkyi2
Pretty crazy how much liquidity and mindshare is stuck in fundamentally dead areas - would be cool to see this quantified somehow
90% of the ppl here are retarded Japanese soldiers that wouldn’t know a good thing if it struck them in the head. This is a good thing tho, as it keeps crypto relevant as an arena for smart ppl to take money from stupid ppl
Never said it shifted fully from narrative to accrual, I’m arguing that narrative isn’t enough anymore and accrual has mattered more than it has in the past
There’s plenty of other coins within those themes you mention that have good narratives but are heavily underperforming because tokenomics are bad (unlocks, revenue doesn’t directly flow back to holders, etc)
$CARDS is an example, super strong narrative as gacha is huge and is doing big numbers but tokenomics suck and token doesn’t have great accrual so it’s lagging. If it no big unlocks, revenue flowing back to token, etc it would be much higher