Blaming the community for being toxic is not the solution. It's been 6 months since the rebrand from FTM to $S.
Even though PA is not something I usually comment on, it's a great representation of sentiment, communication, and the workings of the project.
The fact that FTM/ $S is one of the oldest EVM and not even a single ecosystem project has managed to break through and get a listing on a tier 1 exchange is very concerning.
Being a top tier layer 1 and projects like $SHADOW doing >60% of volume and >80% of fees could not go beyond the Sonic echo chamber.
Even with these numbers the exchange was not able to make an impact beyond the Sonic ecosystem.
Projects like
@paint_swap, @ShadowOnSonic, @beets_fi, @HeyAnonai, @wagmicom, @SiloFinance are pillars of the $S ecosystem.
They have kept the chain alive; the communities of these projects are the sole voice that forwards the narrative of the foundation.
Shrugging them off and labeling their community as toxic is backfiring now.
Right now the $S Sonic foundation seems like they are without a cohesive team.
Leaders like Andre who represented the vision and ethos of the project have been quiet since the past 3 months. Not even a single original post about Sonic.
Only Sonic Assistant seems to be running the whole project. Kong was never vocal but as a CEO he should lead by example.
All we see is just a few reposts here and there.
Enough people have left the $S community and now projects are exiting as well, while the Foundation is turning a blind eye towards community concerns.
This never ends well.
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