Post

CragHack | GoH
CragHack | GoH@0xCragHack·
Megaeth shut down Terminal after 3 weeks and announced a bunch of new very-much-needed web3 technologies: 1) @megaeth Terminal didn't take off — it's not bringing in new users, and at the same time you couldn't defend against farmers, who continue generating non-organic activity on whatever projects make it physically possible 2) Actively stimulating the system through ref links and transparent points-allocation criteria for projects - to create competition against these farmers (as I sugested before x.com/0xCragHack/sta…) is something you don't want to do, because it would only escalate the problem from point 1) The potential upside (new users coming in) doesn't feel valuable enough to you, because most of them would probably be farmers and you don't want those 3) MOSS SDK — what is this exactly? Some kind of non-custodial wallet with social-login auth like Privy? Or something else? And does the industry actually need another wallet? 4) M(OS)S — what is this even? Are you trying to build your own super-app? please correct me @bread_ where I got it wrong I read everything you and @hotpot_dao wrote four times, I just don't have enough brain power to see the short or mid-term potential. As of right now, points 3 and 4 sound to me like terminology from a NASA space program scheduled for 2087. And I don't see how this leads to success for the ecosystem or the $MEGA token in any foreseeable future - looks like the token price will just keep bleeding, along with the chain's popularity. probably until points 3 and 4 actually ship. With no incentives in place now, MEGA's metrics are gonna drop, which means hitting KPI targets in Flux gets significantly delayed. token price is bleeding, KPIs are getting pushed back, new tech is in the works but no clear timeline and nothing is really clear. Yeah, maybe I just don't have the brain power to grasp the scale. but maybe I'm not the only one and if nobody sees the potential, then who's the product even for?
CragHack | GoH tweet media
bread.mega@bread_

@0xCragHack What can I expand on to help?

English
11
5
60
5.8K
Pavlo rdchk.eth
Pavlo rdchk.eth@rdchketh·
@0xCragHack @megaeth 1. Terminal was a poor attempt to fix the bad launch 2. There is no strategy for @megaeth, just random actions 3. No PMF and positioning make them pivot into new complex words 4. Yes, I and @0xCragHack have too low IQ to understand this execution
English
0
0
4
277
I-share