2026-01-11 23:20:25

The ICO model is actually not outdated. The decline of Crypto Twitter (CT) is a fact, but the reasons may not be what everyone thinks.

Don't blame tools like Kaito, Xeet, or even Nikita personally, and certainly not X's algorithm for ruining everything. The real issue lies in the complete change of the incentive mechanism for participating in CT.

When I entered in 2020, the situation was completely different. Back then, joining CT was not just about chatting and socializing, but genuinely profitable. There was a significant information gap, project teams would listen carefully to community feedback, and early participants could earn tangible rewards. This zero-sum incentive model attracted a large number of high-quality participants.

Now? The incentive chain has broken. Project teams have shifted towards venture capital and institutional funding, and the community has become the cheapest marketing channel for dissemination. Participants have shifted from "beneficiaries" to "retail investors being harvested." When incentives are no longer symmetrical, CT naturally dies — this is not a platform problem, but an economics problem.

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SmartContractWorker

· 2h ago

You're absolutely right; once the incentive chain breaks, there's no hope. Back in 2020, I really made money. Now, everyone who comes in is just being weeded out, no wonder everyone has dispersed.

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UncleLiquidation

· 01-11 23:50

Basically, it's just that there's no money to be made anymore. Who would still come to stake CT?

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LayerHopper

· 01-11 23:49

It's really heartbreaking; the wave of dividends in 2020 definitely won't come back. Now entering the crypto space means being kept as a leek by the project teams—they've long since teamed up with VCs and don't need to listen to the retail investors in the community whining.

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rugpull_ptsd

· 01-11 23:48

Basically, the profit chain has changed. The 2020 wave was indeed different; now it's just a matter of being exploited.

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quietly_staking

· 01-11 23:44

That's too true. Coming to CT now is just being harvested like a leek.

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GigaBrainAnon

· 01-11 23:24

It's quite heartbreaking; once the incentive mechanism changes, everyone disperses. That's the reality. The era of being naive and having lots of money truly won't come back. Now entering the crypto space is like working for the project teams. That wave in 2020 did make money, but now? Haha, it's been completely cut off.

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