Founders

We value crypto projects by the amount of ETH locked inside a product or protocol.

Then we value its native token as a multiple on that ETH locked.

Now - does that ETH or token need to actually do anything?

For all intensive purposes... no.

Strange world we live in.

Onchain is the new online - FID 206 -  cooprecords.xyz

Feels like we’re playing high stakes poker with these valuations

Curious to see if it evolves to prioritize functional utility and real-world applications, or will speculative metrics continue to dominate