X @wale.moca 🐳

As painful as this is gonna be (and it will be painful, as many of the assets you're holding continue to trend toward zero):I actually think this is a much-needed cleansing of the space.An insane amount of vaporware was launched this cycle.We need a reset before another real run can happen.In many ways, this feels similar to the fallout after the 2021/22 NFT bull market.A huge number of teams slow-rugged NFT projects throughout late 2022 and 2023, with tens of millions of dollars vaporize (aka quietly trans ...