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52946921 No.52946921 [Reply] [Original]

What's your biggest redpill about a crypto project?

>> No.52946937
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>>52946921
NFTs get a lot of hate, but nobody understands where they're going. For example, AssetMantle is building out a platform that enables a diverse set of NFTs use cases that extend beyond arts and collectibles and can potentially change the representation of rights and ownership of real-world assets like real estate and other commodities. It's a Cosmos project and their token, MNTL has an APY of over 120%, which is huge in this market. Site is assetmantle.one and token is on mexc. Actually do some research and you'll see.

>> No.52946938

if it's run by jeets it's a rugpull

>> No.52947007

>>52946921
Crypto tokns aren't shares of a company, you own nothing but a token that's promised to someday SOON do something on a specific network that people most likely will never pay real money to use. Usually this "something" is some nebulous technobabble concept, or worse, voting or staking tokns for more tokns to "secure the network".

The people who create them from nothing are always selling. The people who buy them are only buying in hopes of selling for more than they bought for. The project team makes millions and occasionally billions, the early buyers that know it's all a scam make their 10x, the suckers who buy last are "never selling" and are in it for the tech. The tech, at best, is a function in a web based (usually hosted on aws) spreadsheet that already exists in a more affordable, functional, and scalable forum without introducing the rube goldberg complexity of "tokenomics". Aka SAAS.

>> No.52947016
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52947016

>>52946921