MegaETH lost its aura when it started optimizing for optics at all costs.
This whole KPI-gated thing only makes sense if the KPIs are meaningful in the first place.
Do the airdrop now, stop the rewards, reset the inflated metrics, and start again from day zero.
The key messaging needs to be structured around the winning condition: you can’t tell me USDm is the revenue engine while putting most of your effort and communication into promoting gambling apps.
Either MegaETH aims to become a hub for payments and DeFi, or it should stop talking about USDm, because strategy, vision and execution now look messy.
Trying to be uniquely consumer-facing while the growth case relies on boring DeFi is super confusing.
$MEGA is now trading below $1B FDV, and that sounds like a good place to start buying. I think the team will eventually figure it out.
Still surprised they leaned so hard into incentives and airdrops when that clearly fails most of the time.
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Take a minute to appreciate the great poem If by Kipling. Which line resonates most with you?
If you can keep your head when all about you
Are losing theirs and blaming it on you;
If you can trust yourself when all men doubt you,
But make allowance for their doubting too:
If you can wait and not be tired by waiting,
Or being lied about, don't deal in lies,
Or being hated don't give way to hating,
And yet don't look too good, nor talk too wise;
If you can dream—and not make dreams your master;
If you can think—and not make thoughts your aim,
If you can meet with Triumph and Disaster
And treat those two impostors just the same:
If you can bear to hear the truth you've spoken
Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to, broken,
And stoop and build 'em up with worn-out tools;
If you can make one heap of all your winnings
And risk it on one turn of pitch-and-toss,
And lose, and start again at your beginnings
And never breathe a word about your loss:
If you can force your heart and nerve and sinew
To serve your turn long after they are gone,
And so hold on when there is nothing in you
Except the Will which says to them: 'Hold on!'
If you can talk with crowds and keep your virtue,
Or walk with Kings—nor lose the common touch,
If neither foes nor loving friends can hurt you,
If all men count with you, but none too much:
If you can fill the unforgiving minute
With sixty seconds' worth of distance run,
Yours is the Earth and everything that's in it,
And—which is more—you'll be a Man, my son![
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