Everybody Is Spoilt In Web3 | Founders, Investors and Users alike

in LeoFinance12 days ago (edited)

The sense of entitlement is really off the charts right now and this is all supposedly due how each individual feels they are “giving so much” out, as such, demanding even more of the other parties.

Think of airdrops for a second, the community's entitlement to airdrops these days is so freaking insane. Nobody stops to ask when these projects would get the money to launch at a billion dollar marketcap.

Similarly, founders are expecting the community of users to not just be users, but investors and even marketers of their projects, round the fuckin clock, no one told me when we transitioned from Web3 to web3Clowns - the midnight show.

I find it largely comical.

First off, web users are nothing more than “users.”

The goal at all times is to use, extract, exploit, benefit themselves, it's all about them, them, them, making money.

And investors also just want to put in money and get out more money.

Is that a problem?

Of course not, this is the system we created for ourselves.

Now when it comes to founders, well, those ones are beginning to behave like slave masters, using the idea of “ownership” to want to command an industry of users(+investors) to enrich themselves.

It's really comical to watch.

I mean, let's be real, in what world does it make sense to subject “investors” to manual labor?

The idea of monetary investment is literally to get away from having to make the investment of time and physical labor.

You can demand labour from users but not investors. But even with users, you have to be strategic about it, I mean, there's a reason web2 focused on stealing user data rather than trying to command users.

When web3 founders try to turn investors into “staff” essentially, by demanding active involvement in one thing or the other, it makes this ecosystem seem like a fuckin joke.

Seriously.

I mean, this is one of the reasons I personally love delegated proof of stake, it enables investors to remain investors and rather delegate away their active involvement role to individuals(users/builders) who actually want to do the work.

They literally make an investment twice.

Every web3 founder should be able to look at DPoS and try to mirror it in everything they build because investors are not workers, they've already trusted you enough to bet money on you.

Crypto as we know is largely illiquid, despite operating on a framework that allows it to be the most liquid asset market.

As such, if a user(investor) decides to put money into your project, it's a big deal because they may not be able to get it out in the next minute.

Everyone is just so annoying right now and it makes my brain hurt. We ought to reassess our entitlements, the road we are taking right now just makes every project in this ecosystem seem like a memecoin, because that's the only sector where clownary is appreciated.

This industry is so spoilt, no wonder Bitcoiners mock us, market makers rob us, and exchangers control our finances.

Where does it end?

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