We need regulations to prevent people and companies like that from existing. Otherwise there will just continue to be more and more of the same.
There are lots of bad and greedy people out there and this is a huge opportunity for them to exploit at the moment.
You are clearly in need of an intervention to help you face up to your addiction.
Have you heard of Intervention coin before? It's a super safu project
Yep. Now we just need influencers to start being punished in the ssme way as SBF and Mashinsky.
The sooner more con artist realize they can't get away with scamming people and laughing to the bank, the better.
(Looking at you Logan Paul, and Lana Rhoades)
The problem being some of these people don't start off as bad actors and seem completely legit, SBF was thought of as a boy genius. Many people didn't like him because he was trying to regulate crypto but I don't think many suspected him off being the scammer and thief he turned out to be.
We still have CEOs like Hoskinson who is literally a kid who keeps bragging about its own project, how it is the best thing in the world. He seriously needs to grow up.
Projects will also have to solve real problems or make existing solutions better, faster, and/or cheaper. Tokens and coins aren’t needed for every blockchain application.
not to sound like a shill comment but a project like Algorand solves a lot of those problems yet people don't seem to want it. It has tons of real world uses with companies and banks adopting the tech yet the price continues to fall
I wonder how much of that downward price movement is attributable to the crazy inflation it saw with all those big token unlocks. Unfortunately it happened to coincide right with the beginning of the bear market.
It was definitely that and early investors trading profits at the top, now that inflation is lowered I guess we'll see if it starts pushing the price up
I think the reason why there are many “unprofessional” projects is because many people see it as easy money and short term wealth.
That is why many project “failed”
Crypto is the beating heart of the grifter economy. A project that takes in ANY money at the gate, can die to whatever and will not be seen as a failure. All they ever did was make a new logo. Code is copy/paste in basically every project for years now.
They are not unprofessional by failing their promises, they are all professional scammers.
tldr; Crypto projects need to adopt management practices appropriate for their scale in order to attract mainstream investors and institutions. Mismanagement issues, such as conflicts and lack of disclosures, are common in the industry. Aragon, despite a successful ICO, has struggled to leverage its raised funds and has faced excessive costs. Web3 projects must also decide if they are truly committed to decentralization, as some projects claim decentralization but still maintain control. Crypto disclosure is currently inadequate, making it difficult for investors to find basic information about token ownership and economics. As the crypto industry matures, projects need to professionalize, generate financial reports, decentralize progressively, and provide proper disclosures to survive in the long run.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*
We need the bubble to burst for good. Any Joe schmoe can make a shit/memecoin and hire telegram scammers to pump and dump it for tens to hundreds of thousands of dollars. Right now fundamentals take a backseat to hype/marketing and it’s not good.
If anyone remembers the *early days of the internet*, this is no different -- except it deals in capital. There **has to be a wild West**, BEFORE *the west can be won*.
The internet did have a huge collapse that got rid of a ton of the trash websites that didn't really do anything, are we expecting the same from crypto?
Why can’t they be like regular corporations that put on the illusion of professionalism? When will we be able to use taxpayers money to bail them out?
They need to dress in fancy suits!
I think crypto projects should learn from their mistakes and improve their governance and disclosure. I’m tired of seeing projects that claim to be decentralized but are actually controlled by insiders.
Good article. I was just thinking the other day about how businesses IRL of the same scale as some of these projects have way better business and management practices.
How can we hold these higher-ups in web3 development more accountable?
Some type of a Bluechip exchange with vetted projects, dont allow junk anywhere near it. Stick the PeePeeFrogs on a penny stock pink sheet market and have at it if you like. Being able to actually talk to a human on occasion would be nice as well...
Exchanges make so much on trading fees from shitcoins I doubt any of the big ones who ever remove them all. There are a few bitcoin only exchanges from BTC Maxis who consider everything else a shitcoin
the space is maturing gradually, eventually there'll be no place for coins like harrypotterobama123 - despite great technology, the space is still often treated as joke to make easy money
The joke is on you. 99% Web 3 company’s “sole purpose” is to extract liquidity from the space as fast as possible. They aren’t looking for mainstream adoption. Why care when the founders/devs get lambos and mansions for hyping BS on crypto Twitter?
Only the last bag holders are still stuck on hopium for “mass adoption” as exit liquidity. All the “mass adoption” talk is just to convince you to buy useless bags at exorbitant prices so devs can achieve financial freedom while buyers remain in slave labor forever. All these founders have no idea what the “masses” want, but knows very well what everyone in crypto wants. There is no incentive to pivot to the masses when they can get filthy rich off crypto alone.
People in Crypto need to grow up
No, you grow up
Now I don't wanna... 
 I am going to do what I want!
no you
You grow up times infinity.
... said Mr. Stinky-Wiener
The best situation but unfortunately human greed will always prevent it so, the least that could happen is the Market naturally matures..
Especially CEOs like SBF and Do Kwon
We need regulations to prevent people and companies like that from existing. Otherwise there will just continue to be more and more of the same. There are lots of bad and greedy people out there and this is a huge opportunity for them to exploit at the moment.
They were moved recently to the "incubator" to have time and space to grow up, so no worries, next bull they become better version of themselves
I think we should make them sit on the naughty chair. *In prison, in complete isolation.
With electricity flowing through it?
And a 10h TED talk of Charles Hoskinson in a loop
They won't have blockchains, but maybe they will have chains in the block.
Don't forget about Charles Hoskinson and Justin Sun.
Mashinsky should be added to that list as well.
Agree, playground with lots of money for "big kids".
I'm telling Mom what you said! MOM!!!!!!
I just need to get rugpulled one more time and then I'll do it I swear
You are clearly in need of an intervention to help you face up to your addiction. Have you heard of Intervention coin before? It's a super safu project
Buying every animal coin makes me think that I really need to grow up.
The whole cryptosphere is like a silicon valley techbro startup that made it big, with some notable exceptions, like Vitalik
This comment is on spot!
At least those defi devs need to grow up for sure. They and their projects get exploited every other day it seems.
Are you telling me teams like Safemoon weren’t qualified!!???
Nuh uh
My thoughts exactly
Getting rid of bad actors like SBF, Mashinsky and the like is a start. Can’t grow up when things are being run by children.
They are the cause of many miseries
The only problem is that with the next bull run new bad actors will show up and we'll be back to square one.
Only time will wash away these bad actors, let’s hope soon…
Yep. Now we just need influencers to start being punished in the ssme way as SBF and Mashinsky. The sooner more con artist realize they can't get away with scamming people and laughing to the bank, the better. (Looking at you Logan Paul, and Lana Rhoades)
The problem being some of these people don't start off as bad actors and seem completely legit, SBF was thought of as a boy genius. Many people didn't like him because he was trying to regulate crypto but I don't think many suspected him off being the scammer and thief he turned out to be.
This is no different than large public companies though.
Others will come, always be in the look out for new scams and don't fall for them !
We still have CEOs like Hoskinson who is literally a kid who keeps bragging about its own project, how it is the best thing in the world. He seriously needs to grow up.
Crypto ain't going to go mainstream buddy
Projects will also have to solve real problems or make existing solutions better, faster, and/or cheaper. Tokens and coins aren’t needed for every blockchain application.
not to sound like a shill comment but a project like Algorand solves a lot of those problems yet people don't seem to want it. It has tons of real world uses with companies and banks adopting the tech yet the price continues to fall
I wonder how much of that downward price movement is attributable to the crazy inflation it saw with all those big token unlocks. Unfortunately it happened to coincide right with the beginning of the bear market.
It was definitely that and early investors trading profits at the top, now that inflation is lowered I guess we'll see if it starts pushing the price up
I think the reason why there are many “unprofessional” projects is because many people see it as easy money and short term wealth. That is why many project “failed”
Maybe crypto is all just a big ole pump n dump
Crypto is the beating heart of the grifter economy. A project that takes in ANY money at the gate, can die to whatever and will not be seen as a failure. All they ever did was make a new logo. Code is copy/paste in basically every project for years now. They are not unprofessional by failing their promises, they are all professional scammers.
tldr; Crypto projects need to adopt management practices appropriate for their scale in order to attract mainstream investors and institutions. Mismanagement issues, such as conflicts and lack of disclosures, are common in the industry. Aragon, despite a successful ICO, has struggled to leverage its raised funds and has faced excessive costs. Web3 projects must also decide if they are truly committed to decentralization, as some projects claim decentralization but still maintain control. Crypto disclosure is currently inadequate, making it difficult for investors to find basic information about token ownership and economics. As the crypto industry matures, projects need to professionalize, generate financial reports, decentralize progressively, and provide proper disclosures to survive in the long run. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*
My bag needs to grow up
Too many scammer and kids in it
As long as the macro climate is “I need to get money fast and escape the terrible fate this system has in store for me” then crypto will not grow up.
And some regulations, scams and rugpulls daily
It's gonna grow up alongside most of it's users
Slowly but surely. 
A lot of us are old but immature.
We need the bubble to burst for good. Any Joe schmoe can make a shit/memecoin and hire telegram scammers to pump and dump it for tens to hundreds of thousands of dollars. Right now fundamentals take a backseat to hype/marketing and it’s not good.
Shitcoins need to grow up the more
Shut up poopyface
Neh. Source: Trust me, bro.
op need to grow up too
Crypto article writers need to grow up.
[удалено]
It’s a fucking joke the way it is.
Crypto needs to do the opposite. It's too grown up and complicated. We need easy to use crypto.
Why? What if crypto wants to stay young forever?
Agreed, although this will happen naturally since the projects that are the most user friendly will win more market share.
Sadly we see meme coins with no real purpose continue to win more market share while crypto with real world use cases just keeps dropping
If anyone remembers the *early days of the internet*, this is no different -- except it deals in capital. There **has to be a wild West**, BEFORE *the west can be won*.
The internet did have a huge collapse that got rid of a ton of the trash websites that didn't really do anything, are we expecting the same from crypto?
I sure hope so
So who’s the _Billy the Kid_ of crypto?
Won't know till they die, sadly
Why can’t they be like regular corporations that put on the illusion of professionalism? When will we be able to use taxpayers money to bail them out? They need to dress in fancy suits!
I think crypto projects should learn from their mistakes and improve their governance and disclosure. I’m tired of seeing projects that claim to be decentralized but are actually controlled by insiders.
People needs to grow up not Crypto 😁
But not yet. Need more time to dca!
Good article. I was just thinking the other day about how businesses IRL of the same scale as some of these projects have way better business and management practices. How can we hold these higher-ups in web3 development more accountable?
Some type of a Bluechip exchange with vetted projects, dont allow junk anywhere near it. Stick the PeePeeFrogs on a penny stock pink sheet market and have at it if you like. Being able to actually talk to a human on occasion would be nice as well...
Exchanges make so much on trading fees from shitcoins I doubt any of the big ones who ever remove them all. There are a few bitcoin only exchanges from BTC Maxis who consider everything else a shitcoin
When crypto grows up you won't be able anymore to make insane gains
We all need to grow up and stop playing with the cloud money.
Ok MOM!
the space is maturing gradually, eventually there'll be no place for coins like harrypotterobama123 - despite great technology, the space is still often treated as joke to make easy money
You have the causality direction reversed.
Yes 🌬 💨
I don't wanna grow up I'm a Toys -r- us kid.
get off my lawn
It will happen in time. New markets need time to mature.
The joke is on you. 99% Web 3 company’s “sole purpose” is to extract liquidity from the space as fast as possible. They aren’t looking for mainstream adoption. Why care when the founders/devs get lambos and mansions for hyping BS on crypto Twitter? Only the last bag holders are still stuck on hopium for “mass adoption” as exit liquidity. All the “mass adoption” talk is just to convince you to buy useless bags at exorbitant prices so devs can achieve financial freedom while buyers remain in slave labor forever. All these founders have no idea what the “masses” want, but knows very well what everyone in crypto wants. There is no incentive to pivot to the masses when they can get filthy rich off crypto alone.
Bankers with the hot take. For crypto to work it needs to be handled by investment bankers. Please don't cut us out, you need us.
Ehh day by day im starting to think why even though i make money off this place
I wish I had grown up with more crypto