onchainomics

First Draft Club

This week I wrote and finished the 3rd piece of the academic style essay [Onchainomics #3] L2s' Competition and Culture: How Asymmetric Information Shapes the Landscape. I spent relatively 3-4 weeks on this essay, researching deeply the culture of Ethereum and L2s. 

In short, this essay has raised the attention of the asymmetric information research within the Ethereum ecosystem and tried to propose various solutions and suggestions for better cross-L2 culture and cooperation. a better understanding of information and competition dynamics and more incentive cross-chain structures of L2s could help the ecosystem discover a healthier, more sustainable, and inclusive ethereum ecosystem.

Follow up: "Study: 76% of Twitter Influencers Promote Dead Memecoins"
By CoinWire, Published Nov 20, 2024: 

Key Findings
- 76% of Twitter influencers promote dead memecoins.
- 2 out of 3 memecoins promoted by influencers are dead.
- 86% of influencer-promoted memecoins lost 90% of their value in 3 months.
- Only 1% of influencers promoted memecoins that gained 10x.

76% of Twitter influencers have promoted meme coins that are now dead. In fact, two out of three memecoins they promote are worthless.  This means that a large proportion of influencer-driven promotions are essentially setting up investors for failure. These promotions often mislead new investors, who jump into these projects without understanding the associated risks.

See original article below:

Follow up: "Study: 76% of Twitter Influencers Promote Dead Memecoins"
By CoinWire, Published Nov 20, 2024: 

Key Findings
- 76% of Twitter influencers promote dead memecoins.
- 2 out of 3 memecoins promoted by influencers are dead.
- 86% of influencer-promoted memecoins lost 90% of their value in 3 months.
- Only 1% of influencers promoted memecoins that gained 10x.

76% of Twitter influencers have promoted meme coins that are now dead. In fact, two out of three memecoins they promote are worthless.  This means that a large proportion of influencer-driven promotions are essentially setting up investors for failure. These promotions often mislead new investors, who jump into these projects without understanding the associated risks.

See original article below:
https://coinwire.com/76-percent-twitter-influencers-promote-dead-memecoins-study/