Don't be fooled by the halo of the "top project teams" anymore.
Think about how glorious they once were—massive fundraising, a team as numerous as clouds, seemingly flawless technical solutions, and market narratives that were overwhelming. EOS, ICP, FIL, NEO, LUNA, OHM, DOT... each one had such a setup.
But in the end? The coin prices plummeted by 80%, 90%, or even went to zero. Some are still declining.
What does this tell us? A luxurious team lineup, enormous fundraising scale, and dazzling technical whitepapers cannot guarantee the project's ultimate success. Often, these halos can even cause investors to fall into traps. Maybe it's time to rethink how we evaluate projects.
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ProofOfNothing
· 11h ago
I've heard too many stories of "the next Ethereum," but in the end, it's still a total loss.
I learned my lesson from the LUNA wave—no matter how luxurious the lineup, it's all useless.
Raising funds doesn't necessarily mean you can make money; the key is whether it can truly be implemented.
There are many projects that are just on paper; I only trust those that can survive in a bear market.
Honestly, the top-tier hype is more dangerous than poison; it has caused too many people to suffer.
Over the past few years, the smaller projects that work quietly have actually lasted longer.
No matter how beautiful the white paper is written, it’s useless; in the end, it still depends on whether the code can run.
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orphaned_block
· 2025-12-31 05:53
LUNA directly taught me a lesson: things I once thought impossible just happen like that.
Looking at funding scale and team size, it's easy to get cut, but those who truly make money are actually the quiet small projects.
In short, the better the story is told, the deeper the trap; wake up, everyone.
That's why I now skip reading whitepapers... nothing beats looking at on-chain data for authenticity.
History always repeats itself; the next DOT might already be in fundraising roadshows.
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ExpectationFarmer
· 2025-12-30 08:45
To be honest, the LUNA incident was enough to wake me up. No matter how luxurious the endorsement, it can't withstand a fundamental collapse.
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SignatureVerifier
· 2025-12-30 08:42
nah the whole "trust the team" narrative is statistically improbable at best... technically speaking, a fat treasury and vc backing tells you precisely nothing about execution risk. seen too many whitepapers with insufficient validation of actual incentive alignment. luna, ohm... those required deeper auditing of the tokenomics, not just vibes. but nobody does that
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NoStopLossNut
· 2025-12-30 08:41
That wave of LUNA really broke my confidence. Raising hundreds of millions, top-tier team, and a flashy white paper—what happened? It went straight to zero. There are still people using funding rounds and team lists as reasons to invest, which is truly ridiculous.
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just_another_fish
· 2025-12-30 08:41
Honestly, that moment with LUNA made it clear to me: no matter how much funding or how豪华的团队, they can't save a project with fundamental issues.
The team aura is the biggest illusion.
More funding doesn't necessarily mean the right direction; it can even set a trap for yourself.
No matter how appealing the white paper sounds, it's better to look at the code and real ecosystem development.
That momentum ICP had back then, do they still have the nerve to mention it now?
Big-name teams ≠ risk transfer; this logic needs to be reversed.
It's basically gold panning; don't be fooled by the advertising slogans of the gold panning teams.
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MevHunter
· 2025-12-30 08:40
Large funding and a豪华 team can't guarantee returns? Wake up, isn't the lesson of LUNA enough?
It's better to look at actual applications than just reading the white paper. In the end, those big projects still end up zero.
The truth is, the more money raised, the higher the risk of跑路... haven't learned from all these blood and tears lessons.
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token_therapist
· 2025-12-30 08:36
To be honest, I was blinded by the hype during the LUNA wave. They raised so much funding, had SBF backing, and the ecosystem looked promising... but it ended up going to zero, and the money was gone.
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AirdropHarvester
· 2025-12-30 08:34
Having more funding and a豪华 team is useless. How many people praised LUNA back then... Honestly, it's just a strong storytelling ability.
Don't be fooled by the halo of the "top project teams" anymore.
Think about how glorious they once were—massive fundraising, a team as numerous as clouds, seemingly flawless technical solutions, and market narratives that were overwhelming. EOS, ICP, FIL, NEO, LUNA, OHM, DOT... each one had such a setup.
But in the end? The coin prices plummeted by 80%, 90%, or even went to zero. Some are still declining.
What does this tell us? A luxurious team lineup, enormous fundraising scale, and dazzling technical whitepapers cannot guarantee the project's ultimate success. Often, these halos can even cause investors to fall into traps. Maybe it's time to rethink how we evaluate projects.