
Decent DAO
@decentdao
372 Following
174 Followers

Some hard truths about Ethereum:
- It's highly overvalued
- There's a huge backlog of projects
- It's too slow, risky, and expensive to launch
But we're so close. It doesn't have to be this way.
Let's break down each point:
1. It's overvalued
After 10 years and billions invested, we have <400,000 DAUs due to a hardly existent app layer. Users (and value) are flowing to alts and L2s.
2. There's a huge backlog of projects
ETH's high go-to-market cost, excessive technical debt, and an unclear regulatory environment has kept thousands of projects from launch.
3. It's too slow, risky, and expensive to launch
Why does it cost multiple six figures in legal and development to safely launch a simple token, even in a relaxed regulatory climate?
If only there was a way to automate the launch process for Web3.
If only it didn't suck to launch on Ethereum.
A world of true Ethereum dominance, where it's easy and affordable to launch, isn't impossible.
In fact, it's so close.
That's what we're doing at Decent 0 reply
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