We solve the ethics problem with true decentralization
Airdrops turn people into bots for digital assets for exit scams.
Fraud destroys community
Most ICOs are not real companies with real products or sustainable business model.
Hype over Bitcoin and Ethereum created a bubble.
Bounty programs promise more than they deliver. They falsify community metrics with incentives that are profoundly flawed
We create the kind of motivation that blockchain was originally intended for.
Crypto tribalism created a delusion where people who think Bitcoin has value outside of being a speculative software based asset
They believe calling it decentralized, when governance is not, nor the digital asset holder structure.
After so many failed crypto startups, fraudulent ICOs, crypto hacks, and even mistrust that startups like ConsenSys can scale, we need to rethink what all of this stood for.
No more excuses for crypto
be more honest with ourselves.
Making Bitcoin isn’t real, scalable or adding value to existing
businesses, enterprises or legitimate innovation.
Crypto created a tribalism and community, a dogma without a business proposition that made sense.
In such a world of crypto tribalism, what is the value of another Main Net launch?
How is Wholonomics not the same.
Another community grown by fake airdrops and turning people into zombie followers who don’t really care about your mission statement?
With digital assets that aren’t useful in the real world?
Companies that aren’t even what they say they are. Crypto tribalism betrayed our trust in it. While blockchain adoption continues, crypto is in a rut.
The karma that crypto tribalism created, moral and philosophical vacuum of
what crypto could have been and what people in the space tried to do.
The Failure of Ethics in Crypto
Many blockchain startups are failing, due to the unethical practices of how crypto
communities scaled without actual products.
The market has a way of pushing back if you continue to run the same playbook and
expect the same result.
On an internet and in markets of so much manipulation, if it’s too good to be true — it is.
If there is little ethics in Big Tech violating anti-trust laws, there’s even less
among crypto communities.
It doesn’t matter if you are on the blockchain that’s supposed to increase trust,
if your business practices are dishonest.
A divided crypto community sabotaged itself and digital asset prices today
reflects the lack of integrity of cryptoeconomics pioneers.
Shady whitepapers, fake advisers, the world doesn’t need another shit coin without a working product or a way to on board real consumers or users.
Crypto tribalism has more of a belief in “the internet” or the “world-computer’
created conditions whereby young men exploited other young men.
People lost their entire life’s savings on cryptocurrencies, a few got rich if they
hit on it early enough.
These are the classical symptoms of a pyramid scheme.
Crypto wasn’t just not convenient, it perpetuated schemes to make some people
rich by exploiting its own tribe and hyped up dogma!
There’s nothing particularly noble or high-tech about this. The ICO model failed for a
Regulated STOs are not the right solution,
Neither is legacy venture capitalism and crypto hedge funds.
Crypto didn’t innovate scalable public utilities that were built to be sustainable. It’s time to deconstruct what’s really going on here.
Human Leadership is the Bar, Consensus is the Vice
Crypto tribalism then amounts to a failure of technology and failure of leadership
The profit motive outweighed the decentralization values for the majority of these
We have honest mechanisms to scale and build viable communities.
The Locamid communities will be grown based on real value and mutuality.
Not the Crypto hype is based on airdrops, bounty programs.
This is bogus loyalty. Buying followers does nothing long-term.
Profits lost by lacking long-term vision.
Cryptoism has backfired betraying its followers. Cannibalism of coin and code death in the crypto winter..
How to create a tribe
Vision the future of scalable digital assets or cryptocurrencies. Grow up. take responsibility no pretending.
Tribe is built on the backs of the profiteering of a few at the top is not
Here corrupt human nature and greed has been at work. Crypto tribalism damages Ethereum, and it dooms projects like EOS and TRON for failure.
There’s an irrational insanity of fanaticism at the heart of crypto tribalism, and it’s giving public blockchains a bad name. Crypto tribalism isn’t exciting, it’s self-defeating.
Decentralization has to be born in the cauldron of communities, Locamids.
We’ve been brainwashed by a crypto media (also fake) and a crypto tribalism that
does not really care or understand decentralization.
Airdrops, ICOs, and unscalable public blockchains need to end,
before anything real can be born.