š§Ø The Harsh Truth About Crypto ā Internet Computer Founder Speaks Out
Dominic Williams, founder of Internet Computer ($ICP ), just dropped a truth bomb:
āHonestly, thereās a lot of rubbish in the industry. 95% of blockchains are just rubbish ā selling snake oil. Itās no longer about technology, itās about who can spin the best narrative.ā
According to him:
- Most projects today lack real technological substance ā they rely purely on marketing hype.
- Only a few networks truly function as a real-world computing platform, capable of hosting apps, data, and even websites fully on-chain.
- While major blockchains like Bitcoin, Ethereum, Solana, and Avalanche are useful, they might not be enough to create a fully decentralized Internet.
š§ Investment Perspective
This is a wake-up call for all investors:
š” Donāt chase hype ā chase technology.
Projects that can prove real-world utility and scalability will survive.
Hype-driven tokens will fade.
ICPās focus on true on-chain infrastructure could make it one of the few survivors in the long run ā but actions must back the words.
š Smart investors will:
* Focus on projects with real users, adoption, and utility.
* Stay patient ā avoid emotional FOMO.
* Treat every narrative as temporary, but technology as lasting value.
The bear market filters out the noise ā and what remains will define the next wave of crypto innovation. š