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I recently spoke with some VCs in Europe and America, and they said that since they can't invest, they might as well develop their own products, as a new batch of PerpDEX-related products is about to be released. So, will BP and EdgeX, which have already launched, be able to launch again?
I used to think that others benefited from the work of their predecessors, but now it seems like the predecessors are destroying the project and the successors are criticizing it.
Perhaps in the next phase, when pragmatic methods (revenue, TVL, users) become unsustainable, we might need to move on to more abstract things, like Ponzi schemes?
Personally, I think we should have used the latter approach from the beginning. When the revenue narrative first came out, I felt it was putting the cart before the horse, reversing cause and effect.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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