The $LIT project originally had the most outstanding community supporters in the industry—core KOLs like Jez and Hansolar were all backing it. But what happened? The project team still couldn't resist and launched those meaningless tweets as usual.
This is the core issue. Once management starts speaking casually according to the typical crypto media routines, the attitude of institutional investors will immediately change. Some industry insiders even openly say that many VCs, upon seeing such tweets, will immediately short the project without hesitation.
Once certain decisions are made, it’s very difficult to reverse them.
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fomo_fighter
· 01-15 12:08
No matter how good the KOL platform is, it's useless if the project team shoots itself in the foot
This is a common problem in the crypto world—once they've raised money, they get arrogant
To put it simply, the management team doesn't take VC seriously, and one tweet can ruin their reputation
No wonder institutions are directly shorting; if I were in their shoes, I couldn't hold on either
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RumbleValidator
· 01-15 12:05
Really, no matter how strong community support is, it can't withstand the project team's self-destructive actions. It's like node operation and maintenance—no matter how stable the network architecture is, it can't withstand arbitrary management decisions.
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This kind of routine is just annoying. Endorsements by KOLs are useless; a single water push can wipe out all credibility.
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That's how it is in the crypto world. The most tested aspect of consensus mechanisms is human nature. No matter how much Jez supports, he can't fix management's mistakes.
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I've seen this too many times. No matter how reliable the validation nodes are, if project governance collapses, everything is over. LIT is now a typical case of "excellent technology, poor operations."
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The key problem is there's no way to turn back. Once the VC trust threshold is broken, no matter how beautiful the financial reports are, they are useless.
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Honestly, I prefer projects with fewer words. Every additional tweet increases the chance of a mistake.
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This is what is called the real dilemma of decentralized governance—no matter how democratic the mechanism, it can't control some people's mouths.
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The most unfortunate thing is wasting a reliable community foundation. The opportunity cost of this is much greater than the simple devaluation of tokens.
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NFTHoarder
· 01-15 12:04
It's the same old trick. Even the best KOL can't save a lousy project team.
Jez and Hansolar wasted their efforts; one lousy tweet sealed their fate.
That's why I never get involved with undisciplined teams. No matter how strong the community, it can't be turned around.
As soon as the management speaks, I know this thing is doomed.
The biggest enemy in the crypto space project is actually themselves.
VCs have already taken screenshots, just waiting to strike.
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SleepyArbCat
· 01-15 12:00
I just woke up yesterday... LIT this time really embarrassed the KOLs, as soon as the promotional post was published, the institutions ran away, and the VCs are probably waiting to short it.
The $LIT project originally had the most outstanding community supporters in the industry—core KOLs like Jez and Hansolar were all backing it. But what happened? The project team still couldn't resist and launched those meaningless tweets as usual.
This is the core issue. Once management starts speaking casually according to the typical crypto media routines, the attitude of institutional investors will immediately change. Some industry insiders even openly say that many VCs, upon seeing such tweets, will immediately short the project without hesitation.
Once certain decisions are made, it’s very difficult to reverse them.