​​SpreadYourSheet 🤗

In the era of IEOs, it has become redundant to find new investments because the idea of an IEO is simple: a small circulating supply and moon. It's a no-brainer, read a little rant here: t.me/ivangbi_diary/513. But this is not a rant about IEOs, because an IEO is just a fundraising tool, it's not the end of the world. There is a more sensitive issue. 😰

Because IEOs allow to invest only to participate with that exchange's token, it kills many possiblities of building a community. Crypto projects are often already complicated enough with all their code and stuff. But it was still possible to have a community and get viral because you had token holders being passionate about your vision and following you.

Now people:
1) still don't understand wtf you are building
2) cannot take part in it cause it's a damn research paper
3) can't have skin in the game cause u do IEO

This is why I am not going to touch upon all the forever-developing projects layer-1 scalability smart contracts, too many of those. Coda Protocol, StarkWare, BloXroute, Algorand, and so on. Sure, great research, great code, but it's boring for me and for you. As a project, if your narrative is we can do anything other blockchains can but better then you can't do anything. You can't develop your community, you code in your little basement and write research papers. No business, no community engagement.

I like narratives. You like narratives 🦄

For me and for the community it's about a narrative, about a unique story. This is why people hold your token, why they try to help, why they engage. A technical paper aint gonna cut it. Your BUIDL aint gonna cut it. You need the community and you need users, as well as a clear value proposition.

So this is what I am looking at, not focusing on ROI, aint a skem channel after all. But quite often, if you look beyond 1 day PnD, you will see the bridge future or get rekt like me LOL. I want to see nice tech applications, UX, good communities, strong vision backed up by substance. Quite often I will leave token metrics out up until the last day (hardcap bs etc.) because this is not financial advice. Besides, check this piece to understand how rekt most of the current reviews are and what they do wrong: https://medium.com/@ivangbi/crypto-assets-beyond-pnd-180b08a0cf2c