Sabitlenmiş Tweet
crizzy
517 posts


@webber__83 @CyronicaNFT I don’t know if you have catched up in the general chat a few months ago but I explained why I left and what the fund situation was about. There was almost nothing left
I paid all server costs till date, connected the new team, uploaded all assets & gave 1000 USDC for the start.
English

@keepitcrizzy @CyronicaNFT Only problem with that is you said you'd had over the project but you didn't hand over everything especially the funds. This left the new teams hands tied and were set up to fail. You rugged your project.
English
crizzy retweetledi

Lets talk about project founders
Its a crazy thing, to be a project founder in this space. The trials and tribulations don't stop. We are expected to put in 100% every single day without a break.
We are expected to understand everything about an untapped ecosystem and be able to thrive no matter the situation.
One of the problems
The problem right now is the ecosystem itself. We have an array of people here still trying to siphon what liquid is left through a variety of ways.
One of these issues is the fake influencers we have riddled throughout the ecosystem. Not many people have REAL followers. They use these numbers to subsequently inflate all their numbers. The actual numbers would surprise you.
Yet retail investors continue to fall into this trap. Get caught by these bad people and the circle continues to benefit, meanwhile new investors decide to leave.
Another problem
Has anyone else noticed that projects seem to pump to a specific price point, then drop? This is because there's clearly a group of these people playing us like puppets.
Using what relevancy they have gained to take advantage of something new, to essentially again, dump on retail investors heads. When the new shiny toy is about to be deployed, that capital is rotated to the next project, leaving that hard working founder with questions to answer.
All accountability and no reward
Did you know your favourite project founder is probably and has been working at a loss all year? We are expected to put in long, gruelling hours every day and then also use our Web 2 situation to cover our costs.
We need to be there, every day to babysit people or they lose interest in the project. People will go find a shiny new toy or they will find somewhere else with activity.
Psychological damage
The project founder puts in 100% of their time, effort and their own money to ensure the project is a success. To be artificially manipulated by an open market, to be subsequently dumped. People buy the top and lose money. People continue to lose money as the hype of the product generally outweighs the delivery.
Whales and overinvested people start to attack the founder, every day. Asking "what are you going to do to fix this" knowing that "fixing" something like this isn't an easy task.
Nothing has changed to the founder. They haven't stopped putting in effort. They haven't stopped ensuring the actual project delivers.
However no longer being a shiny toy, the manipulative, centralised market has rejected the project and that founder is left to continue, with that, relevancy continues to dwindle further.
That same project founder continues to put in effort non stop through the entire cycle, while watching the price fall. While watching hours of their time continuously disappear due to people leaving.
This would destroy most people. Most people wouldn't be able to handle this. The damage it does to the people who go through this is very real.
Executed plans and back at mint price
This is because the hype matters more than the substance in this ecosystem. Being early and dumping on retail is the game. Influencers will take advantage of something new to push it on retail.
People lose money buying into hype. People get burned by manipulation of prices. People get burned by inside information. The project founder is the one who has to deal with the mess when the chaos is over.
At this point, something has probably gone wrong as it normally does in business. No person or project is perfect. If they say they are, they're probably hiding something.
The project founder is then required to take accountability for the mistake, regardless of who is to blame. This is because any good business owner will take responsibility for the staff they hire.
Money doesn't last forever
This is the part Solana doesn't seem to understand. We are expected to operate on shoestring budgets but bring thousands of dollars of value to people who buy 10 dollar photos.
How does that even make sense. We shouldn't even be focused on monetary return, but the experience that you have inside that community.
So that same project founder, will continue to work 2 jobs, run 2 companies, to ensure he doesn't take from the business. But the business still needs to run, needs to pay people and needs to continuously keep relevancy in an attention seeking market.
Literally the definition of burning the candle at both ends.
Burn out
So that project founder now, who hasn't been paid. Who has continued to deliver every single day. Who has executed everything promised. Their project is no longer worth a pot to piss in.
They are expected to continue banging on the same wall every single day for no return. For no benefit? What person in their right mind would continue to be in a situation like that?
Psychologically battered. Physically drained. Burning through personal cash reserves all to be in a situation which continues to magnify.
2 decisions to choose from
This is where a project founder will normally disappear. I've seen it happen over and over again. They did all they could for the market but the market said no. Hundreds/thousands of hours on a dream all gone.
When that person disappears, they get a bunch of hate from everyone. That person might be gone, but they will eventually check what was said. This further tortures the psyche of that person who never put a foot wrong.
People who have never tried a day in their lives, who have walked into wealth/opportunity or scammers and grifters talking about people trying their best. It will destroy most people.
Or you pivot. You change the system you're using. The market has clearly rejected whatever you're putting out, because your business isn't expanding. You make a decision to try something new.
Trying something new
With this, comes a bunch of people who will ridicule you for changing anything. They might be investors, they might be influencers but someone will always criticise whatever you do.
That same founder is sat there taking another barrage from people, after going through the previous part of the journey. Another round of psychological battering just for trying their best.
They are expected to sit there and take it. Its not an easy thing to do. To go through all that and still be swinging at the other side.
Fully well knowing to pull back relevancy again, you either need to inject even more capital in, or try to generate another raise (good luck doing that on Solana unless you're successful and already profitable make it make sense) or put in so much work people can't ignore you.
Which isn't even guaranteed either. You decide to continue swinging. You decide to put in even more effort. You decide to put in even more money. Fully well knowing that there's a chance it wont be successful. But you try anyway, because you believe in yourself.
Why did I write all this today
I wrote all this because this is pretty much what I've gone through. What I've seen a couple of friends go through too. There are real people behind these projects, in the middle of the bear market, trying their best to make something work.
This ecosystem is not healthy though. There's some serious underlying problems in @solana which need to change for the ecosystem to be better for everyone.
I am calling out @SolanaFndn to be more involved with projects that are actually building on chain technology. Support the people who use your ecosystem every single day.
I'm not on about the same 10-15 projects you cycle through either. Do some actual research and find good, low priced hidden gems and give them the support they deserve.
I don't even care about my project being on that list at this point. But there's hundreds of projects on the brink of falling through because they can't get any support whatsoever.
Hire people who are actually involved in the ecosystem. I've seen the list of people you have hired. Its just people who are involved in the same 10-15 projects over and over again.
STOP GIVING PUBLICITY TO SCAMMERS
You need to build an archive of information of people who are publicly known as scammers and stop giving them the platform they don't deserve. Make a movement to cleanse this ecosystem and everyone will follow suit.
If you continue to allow people who have stolen thousands of dollars to continue to get traction, then they'll embed themselves until they end up in prison.
The smaller communities will always suffer because of this, meaning people will continue to leave. Good people, people you actually want supporting the chain.
I love Solana, I think its technically the most advanced chain available. However the infrastructure is horrible.
You aren't alone
If you are reading this and relate to anything I've wrote. You aren't alone. You aren't alone in this world. There's people going through this regularly. Everyone is at their own stage of their journey.
Don't give up. Keep pushing for what you believe in. If you have to put reduced hours in to cover your life expenses, do it and look after yourself. The ecosystem has to mature for businesses to mature.
Talk to someone you trust. Speak about your problems. We shouldn't have to hide our problems in this space. Open, clear communication without destruction should be attainable.
Sorry its a long one, I had a lot to say. Its something which needs to be heard by a lot of people because nobody hears the other side of the coin. They just call people a rugger to fuel their own egos.
English
crizzy retweetledi

@StCasanova @Mous_NFT fire cybermous underrated, utility long awaited and yet to come 😤
English
crizzy retweetledi
crizzy retweetledi

@0xKirk @okaybears People are so mean to them at this point it’s just ridiculous. 99% of projects have literally rugged and quit. Still, they get a disproportionate amount of hate.
Are they perfect? Of course not. They’re still here though & they haven’t quit. Respect.
English

@SolportTom Exactly!
I mean I have never been the best founder and still looking to improve myself at certain things but that’s how it is.
Nevertheless I will stay, we will stay and keep building but even after 13 months you are still considered a rugger when the project isn’t doing well
English







