Just to clarify, Polkadot only has about 6000 UAW daily (UAW numbers < users), and only approximately 1500 of them are new. This loss of 16,000 is a noticeable figure for Polkadot. You can see here: link
Numbers above from 30 sept.
Many of us have heard the beautiful theory, and Gavin’s words, that chaos is an element of development, etc. However, in simple terms, the “wild west” chaos is all about plunder, where the only strategy is to take, kill, and run. Participants from “third world countries” know this much more than Gavin, who lives in Western Europe ( not the Middle East or Africa, where there is chaos and lots of opportunity).
Polkadot has been in chaos for the last six months, unlike Kusama, which just quietly fades away post-chaos without a single coherent achievement. Last week, Subsquid, one of Polkadot’s best projects, legitimately began the final phase of departing from Dot, a move they’ve been planning since the beginning of the chaos.
Why? Walking around with an outstretched hand, while being actively shunned by night sysadmins, is very different from the concept of “supporting the builders.” A bid of 2 million dots was made to cut Subsquid from the ecosystem. Many well-known holders who don’t want Subsquid in Polkadot (but want Apillon or Polkaworld) are part of this bid.
Thus, Subsquid is doing what it’s been told to do: walk away. Especially when the value in an ecosystem consisting of nominators, YouTube bloggers, Apillon, or Polkaworld will not be achievable (surprised pikachu face meme).
Moreover, Subsquid finds itself alone in this war. Did Parity come to help break down the torrent of obstacles raining down on this top project? No, their support was nonexistent, neither in word nor deed. The main beneficiary of this whole ecosystem showed that they were not needed.
Then a good-natured whale came along and decided to help. In other cases, another whale torpedoed the proposals (that’s why I didn’t post this for a long time, so as not to get their attention).
Is Subsquid’s case unique? No, it’s the norm. Ecosystem products consistently face strong negativity and a lack of recognition from the ecosystem:
- Onfinality - rejected.
- Nova - strong protest, with $40 million wants their to leave.
- Brashfam - near to rejection. Despite their shady nature, there is almost no feedback. The community clearly spits on their long-time contributions.
- Subsocial - the guys got a massive spit in the face with one of the strongest product sets so far. The some whale saves, but community against.
But every one of them who has even been through this meat grinder has realized that tomorrow no one may stand up for them. Each of them knows that no one is waiting for them in this ecosystem, and their products are not really needed. They are ready to vote with millions of dollars against their support with full abstraction of the ecosystem.
And you have employees, agreements, contracts, and you can’t afford to spend 3-4 months (1-2 months of preparation, month+ of voting, designing payments, etc.). You can only scoop at the end of the period; there are no other ways to make money in the current market in the current ecosystem. The ecosystem is your enemy, not your friend.
Obviously, this causes you wild stress, and you’ll try to get around it. Yes, it DOT can be an additional source of money for you, but you’ll put your time and attention where you can really grow. Where you are expected, where thousands of people will pray for you and tweet their thanks.
Subsquid, doing everything right. Great product, great responsive team, not many people have anything bad to say about them. You can: “They’ve gotten a lot of support from the ecosystem!”. But you’re not going to marry someone who psycho kicked you out on the street or beat up a person in front of you the week before the wedding. You’d rather look for more, no matter how much he did - because it’s your life. It makes sense that Subsquid is on CoinList and its test-net is on Arbitrum.
At the end, Polkadot and community didn’t get the 2-week norm of new users. Proud holders will say: “that they are bots. That it’s an illusion, not worth paying attention to!”. This will be repeated by bloggers in their YouTube channels with 100 viewers. There will be another 15-person meetup where it will be condemned.
The community of nodes and validators, clinging to Parity, face the bleak future of being left alone with an illiquid coin and a few YouTube bloggers.