Group 1 - The current state of the crypto industry is described as pivotal and dangerous, with signals indicating a potential major crisis due to a lack of new decentralized applications (dApps) being developed [1] - There is a significant decline in builders seeking smart contract audits, which is a standard procedure before launching dApps, indicating a stagnation in new projects [1] - Investors are primarily focused on short-term profit opportunities, such as memecoins and over-leveraged trading, rather than supporting utility applications that require more time and effort to develop [2][3] Group 2 - The lack of encouragement and funding for utility applications forces blockchain-savvy founders into difficult positions, as only projects with the potential for massive short-term returns attract investment [2] - The industry's focus on profit-chasing is overshadowing discussions about genuine blockchain use cases, leading to confusion among retail investors who are misled by the current trends [3] - Industry leaders are perpetuating this focus on profit rather than advocating for the broader benefits of blockchain technology, such as improving societal efficiency and transparency [4]