After reviewing the game of Dusk, a metaphor popped into my head: this guy is like an old scholar who’s been holed up in a lab for years perfecting some ultra-secret formula—his technical prowess is top-notch. But the moment he opens the door to set up a stall to sell products, he finds that all the young people on the street are busy grabbing milk tea at the neighboring stalls.
You say he’s “bad at it,” but he really isn’t. He has those few European compliance licenses so strict they’re bordering on变态 (the Chinese word is intentionally exaggerated), and he also has a licensed, proper “regular army” like NPEX as allies—on top of that, he’s doing real security token on-chain with privacy proofs. Compared with the lightweight players in the market who just wrap up U.S. Treasuries and shout “RWA,” Dusk is truly chewing on the hardest bone.
But the funniest part—and the contradiction—is exactly here.
Traditional finance institutions operate at a typical “sloth speed”: sign an agreement, go through system compliance audits—without two or three years, nothing really happens. But what kind of place is the crypto world? If you don’t make some big commotion within three months, people will treat you like a fossil from the previous era. Dusk is stuck in the middle, torn in both directions: on one hand, he has to accompany the old money as it slowly goes through the process; on the other, he’s afraid of being abandoned by hot money—so he quickly puts out DuskEVM, hoping to pull Ethereum crypto veterans into the game.
In the end, the scene turns a bit coldly humorous.
The old money folks are still lined up outside the testnet, doing background checks, and they keep holding back from dropping a huge chunk of assets in. Meanwhile, the wealthy guys in the circle click in, take one look, and realize there are approval and compliance restrictions everywhere. The slippage is so huge that they can’t even make a run for it—so they turn around and go back to play with dirt-cheap tokens. 210 million tokens locked in the staking pool look like smooth, peaceful times. But if on-chain, it’s only a few little cats transferring every day and the nodes spend their days just collecting inflation giveaways, this business loop will eventually seize up.
No matter how strong the technology is, no matter how bulletproof the vehicle is—if all that’s on the road is air, then it’s just a high-end display piece. As I’ve said: until I see real assets being traded back and forth frequently on it, no matter how loud the slogans are, I’ll still keep my wallet tight and just watch from the sidelines.
Do you think Dusk’s style like this can succeed in the end? #dusk $DUSK @Dusk