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My Story
I am a long time blockchain enthusiast. I have been deeply passionate about the space since 2020. Similar to most, I hid behind my laptop screen and quietly watched from the sideline. I entered the market in 2021, but I often kept quiet about my dirty little finance secret. I watched with hopeful skepticism as many projects pumped and pumped, seeing alt coins and meme coins 100x. These instances and memories still make me giddy.
I miss how the space used to be, meme coins and nerds who loved the tech. The way I feel about the web3 space over the years is almost nostalgic. The space has changed a lot since 2020, and I mean a lot. Web3 twitter, or X *eye roll*, is almost foreign to an outsider. The culture has become extremely facetious in a number of ways. If you begin to find my perspective pessimistic, please understand, my first experience with finance was DeFi and now I work in traditional finance.
To Refer or Not to Refer
Oh, the paradoxical nature of web3 never ceases to make me laugh. My original fascination with web3 and DeFi was the anonymity of the whole thing. Being able to mess around with Uniswap in 2018 and 2019 before I could legally open a brokerage account was eye opening. The ability to buy and sell these digital assets instantly primed me to be suckered when I got my first taste of traditional finance. DeFI was awesome.
I loved the fact of being anonymous and living these secret double life. Trading digital assets at any hour of the day made me feel like The Wolf of Wallstreet, without all the hard drugs of course. This double life, all be it extremely underwhelming in reality, gave me a rush. The culture has shifted a lot. Web3 found its new growth hack, referrals.
Almost every project I have stumbled upon includes referrals of some sort. I have been turned away from projects because of the importance of referrals. Do I choose to throw away the goodwill I…
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