2025-12-12 11:27:42

The early projects had a very simple pattern—promoting concepts like "millions of TPS" and "Ethereum killer." Since mainnet deployment was always far off, they promised it would be next year forever. Investors cared more about how big the story was rather than actual cash flow.

Now the game has changed. Developers must present hard metrics like DAU, GMV, and profit margins because real users won't be swayed by stories; they vote with their feet. This is actually a sign that the market is returning to rationality after the bubble burst.

Simply put— the previous generation made money through "expectation gaps," profiting by creating imaginary scenarios; this generation must profit through "actual value," relying on real products and revenues. The profit logic of the two eras has been completely reversed.

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rugpull_ptsd

· 11h ago

Honestly, I'm already tired of the "See you next year" routine. --- There really are people who believe in those million TPS claims, hilarious. --- Finally, someone has exposed this. It's time to wake up. --- Now, if you don't brag, no one will pay attention, but bragging won't kill you either. --- DAU and GMV are the real metrics; everything else is nonsense. --- From stories to data, the difficulty of cutting leeks has increased. --- The burst of the bubble is a signal; you've all understood that now. --- The expectation gap thing should have died long ago. We've been fooled by storytelling for years. --- User voting with their feet is true, but how many real users are left in the crypto world? --- Profit margin? First, ensure you won't run away, then talk. --- Serves you right. It's too easy to make money by telling stories.

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fren.eth

· 12-14 01:41

Oh my God, finally someone said it. These two eras are worlds apart.

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CodeAuditQueen

· 12-12 21:39

Basically, those previous smart contracts are like "million TPS," full of reentrancy vulnerabilities in their promises, with audit reports always scheduled for next week. Now, finally, someone is seriously reviewing the code.

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CoconutWaterBoy

· 12-12 11:57

That's incredible. Where are those former "Ethereum killers" now?

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LiquidationWatcher

· 12-12 11:49

ngl this hits different after watching projects implode in 2022... been there, lost that with the "ethereum killer" bs. now devs actually gotta show dau numbers or gtfo, respect the pivot tbh. market's finally asking "where's the actual cash?" instead of "how big's the vision?" — that health factor called reality 🔥

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WenMoon

· 12-12 11:49

Wake up, those who brag about TPS are all dead.

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GrayscaleArbitrageur

· 12-12 11:45

It's long past time to wake up; the era of storytelling is completely over.

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governance_lurker

· 12-12 11:35

The era of bragging is truly over; projects still telling stories now are just committing suicide. --- Only those with a DAU over a million dare to speak up; others are just air. --- That's right, users are the most honest and can't be deceived for long. --- Finally, someone has exposed this. Where are those who used to hype TPS? --- The era of expecting to make money from the hype gap is really gone; let's see who survives to the next round. --- It's painful. In the past, all you needed was storytelling; now you have to actually work. --- The phrase "mainnet is still far away" hits home—it refers to certain projects. --- Dare to disclose profit margins? Many apps don't even have any. --- This is what the crypto world should look like. Let the ones that don't make it be eliminated. --- Thinking back to the projects I invested in over the years, they were all just concept plays. --- If you're still hyping the "killer" concept now, you'd better run away quickly. --- The phrase "vote with your feet" is brilliant; data doesn't lie. --- The bubble burst, and all the underwear is out in the open. --- Projects with real DAU are few and far between; the rest are just acting. --- The tactic of creating imaginary space has been used up; no one is buying it anymore.

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NFT_Therapy_Group

· 12-12 11:33

Ethereum killers are all dead; now it's just about how much real gold and silver can be earned. When it comes to voting with your feet, finally someone has spoken out. Stories are always being told, but data is the real answer. The PPT scam from a couple of years ago is completely over. In front of DAU and GMV, any grand vision has to step aside. Only those who survive after the bubble bursts are worth watching. The era of earning from expectation differences is over; now it's all about real returns. Bragging costs are getting higher and higher; it's better to focus on building solid products. I'm really tired of hearing the promise of "next year."

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