Du Jun
Du Jun|Feb 07, 2025 08:13
The industry's reliance on "narrative" is already at an advanced stage. Narrative has become an empty shell, products are Deck or Fork, users are Twitter fans, growth is driven by robot momentum, operations are KOL platforms, and data is manually filled in the backend. Those who do practical things have become fools, and the smartest ones only think of changing their story to raise funds, go to the office, and cheat money. A project without even a business model, constantly boasting about its' narrative '. Then Web3 is not an Internet upgrade, but an upgrade of financial fraud. A truly good project is not about Twitter slogans, but about sustainable growth, real users, and revenue models. The foam built up by narratives will burst one day, and it's boring for these projects and investors who talk about "narratives" every day.
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