What was the original ideal of cryptocurrency?
Decentralized, open and transparent, not controlled by a single institution. These values attract countless people who believe in 'future finance.' But the reality is that the vast majority of transactions and capital flows are still concentrated in centralized exchanges. Who determines the price, whether a project can survive, is often not decided by market consensus but by the manipulation of big players behind the scenes.
New projects are launched one after another. The white papers are written to spark anticipation, and the community seems to have a high level of consensus, but the majority of the results show: the big players have long hoarded tokens, waiting until everyone is optimistic and full of faith, then they drop a large order and the market collapses. Are these new coins just a race of who can run faster?
At the end of last year, Binance launched a platform called Alpha, originally intended to allow users to participate early in potential projects. Users earn points through trading and holding tokens, which can be exchanged for new project airdrops. It sounds like a positive cycle encouraging participation and co-building the ecosystem.
But the market quickly evolved into something else.
Grab airdrops → Sell as soon as listed → Price halved
This has turned into a race of speed and bots, and the mechanism originally designed to 'reward participants' has instead trapped and disappointed real investors who want to support the project long-term. In this atmosphere, 'holding long-term' has almost become a joke.
Recently, a project called Jager has emerged. It proposes a radically different idea.
This project has several notable features:
The official does not hold any Jager tokens. No reservations, no big players, and the mechanism is open and transparent.
Each transaction will burn a small portion of tokens. The total supply will only decrease, making the tokens naturally scarce.
As long as you hold over 146 billion $JAGER, users can receive airdrop rewards every 10 minutes.
In other words: long-term holders will automatically increase their token holdings, while the overall market supply is decreasing.
This is not just another 'dividend,' but a value design based on long-term participation and scarcity. It does not attract users through speculation, but rather tells you through rules: those who stay will get more. Perhaps this is not an opportunity for overnight wealth, but it does bring a breath of fresh air to this overly speculative market.
If cryptocurrency is a long race about trust and innovation, then the model proposed by $Jager may be a new starting point worth observing.
We focus on doing the right thing rather than market sentiment. Emphasizing long-term value and not pursuing short-term benefits. The market will fluctuate up and down, but if you continue to build, be honest with people, and prioritize users, you will ultimately go further.
