I've noticed that a lot of people in crypto pay attention to projects mainly because of their tokens, airdrops, or potential profits.
But what about projects that are actually building something useful without having a token?
Would you still follow them or use their products if there was no chance of getting an airdrop or making money from them?
On the other hand, there are projects with tokens already trading, but sometimes the product itself doesn't seem to get much attention.
I think this says a lot about what people are really looking for in crypto.
So here's my question: if a project has a useful product but no token, would you give it the same attention as a project with a token?
Curious to hear your thoughts.
Airdrops are actually part of price speculation. And sometimes the token’s value can even exceed its true value, that is, the value of the project itself.
In my opinion, points like these show that the answer to your question is that it’s an opportunity to make money. In other words, that’s the trend in the market.
Personally, I see this situation as normal, but I think we need to break this cycle at some point because if we create a closed-loop environment based solely on speculation instead of producing real projects, owning them, and developing them, then one day, due to entropy, all our energy will be dissipated within the buy-sell cycle.