“a lot of people have tried to apply web 2 product models to web3 and that’s failing. They’re focused too much on trying to manage and control tokens as utility like you would manage a web2 product outcome — and what they failed to recognize is that tokens are a new type of enthusiasm market, measuring more the meta sentiment about the product or the content than the underlying utility of it. Tokens are (currently) better at representing sentiments than utility.”

— yat siu, animoca

Then why don't builders focus on building long term value than "meta" "hype" . Focus on creating world. If ppl only worried about share price one would end up like GE focus on short term meta and long term destruction of their unique engineering capabilities.  I guess mindshare is cool but focusing too much on it one would better create pump.fun

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