Plasma announced an ICO at a $500M FDV. Hype is getting rea | hmalviya9 on Binance Square

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Plasma announced an ICO at a $500M FDV.
Hype is getting real.
Should you participate or not?
Let's understand 🧵

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Web3 holds great potential to turn human behavior into value and build systems that reward good actors and penalize bad ones….creating an environment where playing fair leads to meaningful rewards. But the real challenge lies within us: as humans, we've become so conditioned to exploit systems for personal gain that, sooner or later, we find a way to cheat even the fairest game.

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It might look like speculative avenues like memes are getting over now, but that’s not the case—especially when you consider they barely touch 10% of the instant-gratified generation who wouldn’t even mind gambling everything for the quick thrill of making money. It hasn’t even started yet. The peak of all of it will take a few more years from here. It will lead us to a crypto anarchy state where you'll get hundreds of different types of markets to speculate on anything you can put into words and images. And if we don’t have a social reputation system in place by then, it’s going to turn into a massive extraction racket—20x bigger in size compared to what we’ve seen so far.

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Focus on slow runners — those showing steady adoption growth since last cycle but still below ATH. Once they move, sentiment will follow data. Use @dyorcryptoapp daily to track fundamentals or miss out and regret later.

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Focus on slow runners — those showing steady adoption growth since last cycle but still below ATH. Once they move, sentiment will follow data. Figure out tickers. Build your own conviction. Use @dyorcryptoapp daily to track fundamentals or miss out and regret later.

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You become zen when you're no longer chasing the desperation that's flowing from top to bottom in crypto right now.

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