Problems
The crypto industry has a subspace referred to as "the degenerates," composed of active retail investors, who often lose their capital by participating in pre-sales on launchpads. Trust within this space is broken, and even projects backed by Venture Capital and scrutinized by big IDO platforms often fail. There is a need to restore trust and protect investors from scams, rug pulls, and loss of capital.
- Limited accessibility
- Lack of support for project goals
- Technical limitations
- Marketing challenges
- Difficulty in launching projects and achieving desired goals
- Failed launches and falling token prices
- Trust issues in the crypto industry
- Difficulty in identifying legitimate projects
- Inequitable and unjust token distribution system
- Inadequate project ID registration process
- Dependence on chance-based fund allocation system
Last modified 5mo ago