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Kantian
@kantianum
studying digital assets
加入 November 2023
1.8K 正在關注    5.2K 粉絲
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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