Noticed the trend?
First, we were lured into donation-based projects by the successful launch of NotCoin.
Then, like mushrooms, similar donation-based projects began to sprout that did not require donations but consumed your time.
People actively played out of enthusiasm but ended up with a pittance, and not always.
Over time, the trend changed and donation-based projects emerged. Some genuinely provided returns at the start of the listing, but about 90% turned out to be garbage.
Currently, the trend is on mining projects that require donations from the start.
Yes, now applications require money without promising anything. But people pay, hoping to earn. Well, what else can they do?
Do you think that if the concept of donation-based projects changed (only the banner changed), or if you invest your hard-earned money in such a project, the distribution will be different?
Even if these projects do not scam and survive until the listing (and it will take half a year, I think they will be asking for your money all this time), after the listing, such tokens will still have no future and will lose value at a geometric rate.
This is inevitable; the market will be influenced by people who invested and want to recover their donations, as well as by the project creators, first and foremost.
After the listing, no one will care what happens to the token. All creators promise utility for their token before the listing, promising mountains of gold, thus attracting users, while influencers create hype, influencing the minds of weaker crypto enthusiasts. And after the listing, let the grass not grow.
And now let's go back to our sheep. Where are all those tokens that have already been released? Where is the integration of the token into the product? Where is the promised functionality? Where is the distribution of the remaining drop that we were not allowed to withdraw immediately? How many active users are there now?
In the market, as an exception, although with a stretch, Not and Dogs remain (I hope NotPixel does too), where at least they are working on the product, integrating tokens into other projects and whose graph shows accumulation, but almost all other donation-based tokens look significantly worse in terms of product and user engagement.
Everyone in the market wants to make money, but first and foremost, it’s the developers and early investors of mini-applications who want to do this.
Everyone is trying to take their piece of the pie, but there is a limited amount of money in the market, and we need to decide at whose expense the celebration will occur.
And guess who will be celebrating at your expense?
Therefore, it is not worth trying to jump into everything and believe in promises of innovative solutions while the market is filled with promises but very little implementation.
Especially in projects that require money from the start without any guarantees!
