Imagine we're all investors sitting in a "Shark Tank"-style show. Someone walks in confidently and says, "My business is called Dogfart."
Intrigued, one of the judges asks, "Why the name Dogfart?"
The entrepreneur smirks and replies, "Oh, it’s just for fun."
The judge nods and continues, "Okay, so what does your business do? What problem are you solving?"
The entrepreneur shrugs, "None. It’s just a fun thing."
And then the judge, in a moment of utter brilliance, declares: "This is revolutionary! I’m putting millions into this right now."
Meanwhile, in the next pitch, someone walks in with a solid idea: "We’re creating a decentralized platform to fund scientific research, empowering breakthroughs in medicine, space, and technology."
The judges glance at each other and mumble, "Hmm, sounds interesting, but I don’t see the hype. I’m out."
Welcome to the world of crypto, where memes sometimes outweigh meaning and hype defeats utility. It's a strange reality: projects trying to change the world get overlooked, while meme coins soar to the moon.
What if we took a step back and actually supported the projects that could change lives, rather than just chasing the next "fun" trend?
Food for thought.