So here’s my genuine take on where I see AVAX atm:
From my perspective it has the best tech & many of the smartest ppl I have met in the space. It has a builder culture. These are all pros.
On the downside it historically hasn’t had much volume, which prevents more projects from coming here. Even in my own BD efforts, the biggest objection is lack of volume.
So what the eco tried to do understandably is bring more volume thru hyped memecoin presales & onboarding KOLs. This kinda worked short term but didn’t sustain bc it didn’t have bottom up community support & KOLs are pretty much as mercenary as they come.
With @TheArenaApp launcher tho, I think AVAX finally has the right formula to get organic community interest in microcap diy projects, the kind of stuff which brought the volume to Sol. I dont think AVAX ever will be or wants to be Sol, but the results so far clearly show the volume is there.
I think this will also help onboard top legit projects bc they will be less concerned about generating volume or community interest.
And ofc the mission of @AIVAonAVAX is to onboard all the top AI projects and build a strong AI eco on AVAX.
So I see a path in how this can and will come together.