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Decentralisation, rules and the incentives to vet projects

Decentralisation, rules and the incentives to vet projects. Dated original source, with context and links.

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Web3 was supposed to be about #decentralization , freedom, and self-sovereignty.

But when grifters, whales, and bad actors run the show, “less regulation” becomes a dangerous illusion.

And sadly, most degens are part of the problem.

No rules = the worst people make the rules. 👇

The only way out?

Users, degens, and investors must stop supporting shady garbage.

Boycott pump & dumps. Do actual research.

Platforms like @dexscreener , Coinbase, and Binance should stop amplifying trash - or at least integrate safety tools like $MASTR.

But we’re far from that.

Why?
Because scamming directly or indirectly is profitable.

And vetting legit projects takes effort.

#DeFi today runs almost entirely on greed and the fantasy of the next 100x.

Fueled by fake KOLs, influencer hype, and users gambling their last $50 on the next shitcoin - while the big players cash in quietly millions.

#Web3 #DeFi #Crypto #ScamAlert

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Ricerche correlate

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From decentralisation to attention capture

How financial incentives, manufactured attention and platform design shape participation in crypto, with the original evidence and source list.

Articoli originali23 min
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