Comic 2. Ferris Wheel

At the time that 'Ferris Wheel' was published, EVM tokens were still a novel concept. Every day, tokens were being launched under the promise of a new world order of decentralization. Token launches were conducted using ICOs (Initial Coin Offerings), requiring investors to exchange ETH in return for an allocation. As is predictable, numerous tokens were scams or based on farfetched ideas. But as the mania heated up in the months following, ICOs grew only more popular. The fundraising model finally collapsed when the 2018 bear market hit, and even to this day ICOs are rarely used in cryptocurrency.