to tokenize everything is to tokenize nothing & simultaneously to dilute everything

fundamentally, value is scarce; attention is scarce; liquidity is scarce 

you cannot accrue sustainable long-term value in any meaningful way in a completely lateral, fully tokenized system—it will leak; outflows will outpace inflows 

you will only welcome incremental volatility & disproportionately increase the amount of everyday losers relative to structured markets 

there is no consumer protection or provisioning in this system; meaning more consumers will lose in this system than in current models, which are already flawed as is 

the only people who fully stand behind this ideological agenda of tokenism are the teams who own the launchers, chains, dexs, vcs and the other intermediaries 

this is telling… there is no PURE consumer on the other side of this debate; it’s just business 

it’s like watching a train fly by that has lost its breaks; we fight the inevitable because it’s heading towards disaster

when everything becomes a token, nothing has value; this fundamental truth has been ignored & the fallout is now making its way to x 

1) excessive tokenization creates a mirage of opportunity while actually destroying ecosystem value. when we fragment liquidity across thousands of micro-tokens, each new addition doesn't expand the pie—it merely slices it thinner. attention remains finite; liquidity remains finite; but tokens multiply endlessly

2) the math simply doesn't work. in a hyper-tokenized environment, capital continually flows toward novelty, creating temporary spikes followed by inevitable crashes. you can say "normal market efficiency" but the system generates far more losers than winners by design, not by accident

3) "direct monetization" sounds empowering but masks a brutal reality: without substantial existing audience, discovery becomes nearly impossible in a sea of tokens. creators with smaller followings face worse odds than in traditional systems, not better ones

considerably unserious // building idle rpg /animarising

we need ecosystems where success compounds rather than cannibalizes. this requires:

> upstream value capture that benefits the entire ecosystem, not just individual tokens

> mechanisms for discovery that don't place the entire burden on creators' reach

> risk distribution that allows users to participate in broader success rather than gambling on individual creators

lastly, critiquing over-tokenization isn't anti-crypto—it's advocating for sustainable tokenomics. i want token systems that create genuine value, not just temporary arbitrage opportunities; that is all this is doing

we need token models that strengthen as they grow, not systems that collapse under their own weight. until we design with these principles, tokenization will continue to burn more users than it benefits

this is the sad truth 

whatever this is, is not working & will never work, at least not in any sustainable fashion 

we have the ability to create better systems; that is why most of us are here in the first place...

I see comparisons here to magic the gathering
Everything is foil and flashy,  a million versions of every card
Cards no longer hold value
They reprint direct to customer via secret lair and crash price further
Over printing sets and finding "lost" pallets of old sets
Study basil
Study Rudy from alpha investments

fr — you can actually make good comparisons across zora content & tcg cards — what makes tcg cards valuable?