Re:Filecoin Foundation Successfully Deploys IPFS in Space
by TrainedMonkey on Tuesday January 16, 2024 @11:37AM
(#39015268)
I think the key is understanding why promotional material matters so much to crypto. Crypto operates on hype -> higher price -> FOMO -> higher price cycle. The trade is that for large holders $$$ invested in hype would return significantly higher gains. This enabled questionable coins / ICOs to get celebrity endorsements for easy money in the past. In current regime the model can still work, but with smaller returns and significantly higher execution barriers.
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