Crypto is all about community, and some projects are doomed to fail because of their shit communities. I feel it's my duty to inform you of the dumbest, most toxic communities around so that you won't be fooled by huge APYs and promises of next-gen tech.
Lift Kitchen
This was a DAO that set its rewards too high to draw people in. To cover their asses, they randomly put up a 4-part policy on Discord to basically wreck anyone who had trusted their project. Rewards not only stopped, but they moved liquidity pools and changed tokens. If you're not doing crypto full-time, watching them like a hawk every second of every day, you missed it and got fuckt out of like 40% of your money when their lfBTC lost its bitcoin peg.
The self-righteous cretins in the Discord were just congratulating themselves on getting the news first so they could remove their LPs before anyone else. After they had done that and tanked the price, they all ok'd the devs' plan.
Runner up for worst DAO — Deus Finance. Everybody sucks the dev's dick for some reason. Anything he does is ok'd by these fucking tools, even shit that makes them wait months for a craptacular 10% APY.
Osmosis
The Osmosis AMM has a critical problem that freezes transactions for days. They haven't fixed this even though they require lockup for LPs to get the best APYs. They didn't tell anyone about the problems, but if you ask about them in the Telegram group, you will be silenced. What's more, the fucking idiots in the chat don't even want to be compensated for their loss of time. These are people with absolutely nothing better to do, so they gather around the loser table to fake-talk tech that they don't know about while giving up their rewards to shitty devs who can't even program an AMM. All you morons had to do was fork Pancakeswap. Everybody else did. How hard is this?
Gravity DEX, which is also coming out on Cosmos, is using the same flawed "IBC" bullshit tech that Osmosis is using, so be careful when that piece of shit opens.
Pulsechain
As a spinoff of the brain dead Hex community, Pulsechain is full of Richard Heart worshippers who were all teased at school. They believe everything this clown says even as he delays the launch of Pulsechain week after week. These are people who will swear that Hex is some kind of revolutionary technology when it can be found in virtually every yield farm on BSC these days (Ramp, ForTube, and many other farms do the exact same thing.)
My interaction with these fucking morons came to a thankful end when I suggested one of their users use BackupHex.com, a site that is linked from Hex.com. The admins promptly muted me saying I was a scammer for telling a community member to use a site that Hex itself recommended. They didn't even know what was on their own fucking site! And you want to take advice from anyone in this community? Caveat emptor.
Veritaseum
These are guys who want to sit around and discuss regulation and law, but none of them are regulators or lawyers. Veritaseum was one of the first big projects to get fuckt by the US SEC, and the anger of the founder has seeped into the community. Unfortunately, the community wants to repeat the same mistakes it made years back by running back to the same regulators who shoved a tuning fork up their ass half a decade ago. They overthink topics they know nothing about and don't want to use crypto for its anonymity or privacy features. They also have PTSD and think the United States government is all-powerful just because they got their asses handed to them trying to be suck ups the first time around.
Wault Finance
This project was a high APY scheme that worked for a while, but the value of the token tanked when everyone saw the dev team didn't have any ideas beyond expanding their yield farms to every shit project on the Binance Smart Chain. They claimed to have a launchpad, but they haven't launched anything in months. Bring this up in chat, and you'll have a swarm of idiots explaining their coping philosophy to you. The launchpad requires a 30 day token locked up, and that token value recently dropped by 75%, so they are really coping.
There's nothing more frustrating than being surrounded by a bunch of fucking idiots, and making a few bucks is not worth dealing with morons all day. Their foolishness will eventually affect your pocketbook, because they will invariably get with the devs and make some silly proposal that will cause you to lose money.
Bitcoin is known for toxicity, but at least the members there have some technical know-how to back up their shittery. The assholes in the communities above are full of pseudo-finance faggitry who got all of their experience from an Alex Becker Youtube video. They don't know a goddamn thing except how to suck up to the devs, because the Telegram community is their only friend group. It's not a coincidence that all 5 projects are stuck technically, suffered the worst price drops in all crypto, and create the most unnecessary havoc for investors.
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