The Sahil/Ansem drama is pure noise. FOMO app critics are running the same playbook they claim to hate.
Core thesis: Paid influencers attacking paid influencers. Sahil and Ansem both outperformed 99% of the finger-pointers during 2021-2024 bull runs. The difference? FOMO app gave critics a new angle to monetize outrage.
Market reality check:
- Most tokens pump/dump in hours or minutes
- Critics couldn't push a coin to $350K MC in peak conditions
- Memecoin RTP now worse than casino odds
- Space is capital-depleted from affiliate saturation
The pivot no one admits: This market went from "decentralization" rhetoric to praising VCs, banks, and government involvement. Same players who bashed centralized finance now shill for top-10 blockchain founders planting extractive influencers.
Structural problem: PVE (player vs environment) was never adopted. Pure PVP model means profits come directly from follower losses. Oversupply of trash projects, vaporware launchpads, and low-quality influencers killed liquidity.
Bottom line: Everyone pointing fingers is part of the problem. The outrage cycle is just another monetization strategy in a depleted market.
Core thesis: Paid influencers attacking paid influencers. Sahil and Ansem both outperformed 99% of the finger-pointers during 2021-2024 bull runs. The difference? FOMO app gave critics a new angle to monetize outrage.
Market reality check:
- Most tokens pump/dump in hours or minutes
- Critics couldn't push a coin to $350K MC in peak conditions
- Memecoin RTP now worse than casino odds
- Space is capital-depleted from affiliate saturation
The pivot no one admits: This market went from "decentralization" rhetoric to praising VCs, banks, and government involvement. Same players who bashed centralized finance now shill for top-10 blockchain founders planting extractive influencers.
Structural problem: PVE (player vs environment) was never adopted. Pure PVP model means profits come directly from follower losses. Oversupply of trash projects, vaporware launchpads, and low-quality influencers killed liquidity.
Bottom line: Everyone pointing fingers is part of the problem. The outrage cycle is just another monetization strategy in a depleted market.
