Telegram mini-apps are collapsing, and the reasons are clear:
-no utility
-no sustainability
-broken trust.
Communities have worked tirelessly for months, farming for rewards that never arrived.
At the same time, investors have suffered devastating losses and shattered confidence.
In desperation, many projects have abandoned their original missions, seeking alternative ways to drain money from their communities.
They no longer care about the future of their tokens or the people supporting them, prioritizing a quick cash grab over any real value.
How did we end up here?
How is this true to Web3 values?
What was once ‘play-to-earn’ has become ‘pay-to-earn, turning community engagement into a profit machine for only few,
and leaving everyone else with surely nothing.
Something has to be changed.
So we challenged ourselves that we should be the ones to lead this change!
-no utility
-no sustainability
-broken trust.
Communities have worked tirelessly for months, farming for rewards that never arrived.
At the same time, investors have suffered devastating losses and shattered confidence.
In desperation, many projects have abandoned their original missions, seeking alternative ways to drain money from their communities.
They no longer care about the future of their tokens or the people supporting them, prioritizing a quick cash grab over any real value.
How did we end up here?
How is this true to Web3 values?
What was once ‘play-to-earn’ has become ‘pay-to-earn, turning community engagement into a profit machine for only few,
and leaving everyone else with surely nothing.
Something has to be changed.
So we challenged ourselves that we should be the ones to lead this change!