Is polkadot coming to an end? Read this

Ecosystem
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Since 2021, I’ve been contributing to this ecosystem driven by the societal paradigm this technology presents. It’s been a long journey where I’ve met talented people and others with malicious intent, but ultimately, it’s been a path of many learning experiences.

My motivation remains the same as on day one: a technology like no other to build a better society. And even though I never had a contract with W3F, Parity, or any other organization in the ecosystem, I continue to contribute.

Today’s conditions are different from those of a few years ago, but the technology remains the same. I believe these times have allowed us to separate those who were only looking out for their own interests, watching them suddenly disappear when they lost income, from those who are motivated to continue building something truly meaningful despite the circumstances.

I want to share that at Space4Build we continue to develop products to bring Polkadot technology closer to people and businesses. That’s why in January we created CheChere , an entertainment and payment solution for both physical and online stores.

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Personally, I believe OpenGov remains a relevant space, and I will continue to participate, as I have for a long time, driven by my passion for this technology.

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These challenging times allow us to distinguish the saboteurs from the true builders, and I hope to see a positive impact on society in the future thanks to this technology. Continue to count on me to help build a better ecosystem together.

And if you’ve made it this far, I invite you to respectfully share your opinion on what we can continue doing to ensure Polkadot doesn’t reach its end just yet.

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Build something people want to use that provides actual value.

Since all ecosystems face the exact same issues right now does that mean all of them are being sabotaged? There is another similarity – none of them have built anything that provides any real value.

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I think all ecosystems are vulnerable, but it’s like in the world of cybersecurity. Threats will always exist, but it’s necessary to find ways to protect yourself without completely shutting yourself off. Polkadot hasn’t done that very well.

I think saying “none of them have built anything that adds real value” is inaccurate. Not all software serves the same purpose; each is usually designed for something specific, and what might not seem valuable to you could be valuable to them.

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Value is an objective metric measured in revenue and growth. What we have had up to this point is people gambling on theoretical future values and growth that have so far not shown up. Now Canton is coming to eat everyone’s lunch backed by a consortium of actual big boys that are going to arbitrage yield on treasuries, minting stables, while buying up assets to obtain loans to mint more stables and people don’t even realize what’s about to happen. Crypto had the better part of 2 decades to do something useful with basically unlimited money and failed.

I might have missed something but it seems like Akash is the most valuable thing that crypto has ever produced. I’ve been seeing tweets about helium rev numbers though – but one of those 2 is the top one and the other is the second. It only took however many trillions of injected liquidity and capital to get them and last I checked are doing collectively maybe $5M/mo of rev. :: insert gwb mission accomplished meme ::

Polkadot had a chance to get involved in helium and bring them over to dot, no one was interested in talking with them. Akash is leaving Cosmos as I type this – we could court them now. I’m sure no one will notice or care.

There is a fundamental misalignment, misconception, misunderstanding, mis something over what the goal is here and what it is that should be done. I can see in my conversations that people still fundamentally don’t get it – There are so many obvious avenues for advancement and all of them are ignored for pure research, pure block chain, or on the flip side, rug pulling, p&d, etc. There’s no one in the middle who is actually capable of building a product that people want to use. Those people IMO, are not empowered. The pure science side loves agreeable people and the rug side is too busy rugging to even care to build anything useful.

I would just like to state for the record that it’s not possible for an agreeable person to be a builder because fundamentally to want to build something you have to look at what others have done and say “no they did it wrong”. Building is disagreeable to its core.

Even things where you’d think it would be simple, like, hey lets have domains on chain – you can’t even get alignment there. The pure research side has no idea how to run a business, what customers want, expect, need, etc because they spend every waking moment in some sort of fantasy land. Result is, product that will never be used.

(The reason academics are like this is because they spend too much time in schools that have become feminine and agreeable. They raise up agreeable people just like their teachers did. They believe this is how the world works. Holding a PhD in any field that doesn’t explicitly require it is now negative value to any organization.)

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