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Crypto devs should stop acting like start-ups if they want to be taken seriously

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by COINS NEWS 91 Views

I was a part of this project with so much hype around it. Back in 2021 they wanted to make this huge metavers market which you could do everything at. (Games, Concerts, sales, tading NFTs etc) At the time it was okay to ask for time and support. But it is 2023 and they are still "working on" their project without any real progress. It is still what one can call pre-alpha version. What they lack in progress, they make up for with monthly land sales, meaningless NFT release and avatar shops for their unfinished metaverse!

Sadly they are not alone. Most crypto devs are yet to deliver on their roadmap/promises. Some have been around for more than five years and are still "working on it". Yet, those same companies are always in the need of more investment, selling more and more unfinished works and very fast to jump the NFT bandwagon.

If you are looking at it for what it is, those coins and tokens we bought are a form of early investment. Some devs sold more than hundreds of millions of dollars in those coins, and they still act like they need more money.

People need to see the progress, to feel it, to use the project or product they have invested in. But there is usually none. It is like crypto devs are always in the start-up mode. Gathering more and more resources without achieving anything. And this builds an atmosphere around crypto that they are just buying time. That cryptocurrencies are scams. (I know many are. But even those which are not scams, at this point look like one)

Crypto devs should start delivering. They should stop being start-ups and start acting like real/responsible companies. They need to get their shit together before what is left of goodwill around crypto is gone for good.

submitted by /u/Successful_Craft3076
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