Is it just me, or is
@RiverdotInc looking a bit sus lately?
The on chain stats are fire, 70% of the airdrop claimed, plus all the bells and whistles with WC voting, staking, etc.
The team is grinding non stop, but looking at the price is pure pain, it’s dumped 35% in just a month
Ive been thinking, the project is caught in a glass box effect
Imagine this, the project built a super flashy glass box with these loops: claim -> stake -> vote -> earn points
We’re all just inside playing with each other, voting back and forth, and looking at those pumped up stats.
But the struggle is, it's all just internal activity; actual real-world demand is still super mid.
In this extreme fear market, smart money isn't easy to bait into paying for projects that just focus on marketing anymore
Using rewards to retain users is just a short term fix.
After the S5
@River4fun event,
$RIVER needs to prove its worth with organic growth instead of just circling around in that glass box
What do you guys think?
Is
$RIVER actually building a sustainable ecosystem, or is it just a playground for airdrop hunters?