I just briefly reviewed about 10 ecosystem projects under the @initia VIP mechanism, and I’ve decided to give up on-chain opportunities with the Doge chain.
I didn’t find any so-called free opportunities. Either you provide LP or spend money to play games. The rewards in esINIT that ecosystem participants can earn at each stage are determined by the specific allocation standards set by each ecosystem party. Moreover, the esINIT rewards are locked tokens with strict unlocking mechanisms, so the typical “mine, withdraw, sell” strategy definitely won’t work on Initia.
Under the VIP mechanism, the ones who can truly benefit for free are the ecosystem project parties. Upstream, they can receive esINIT incentives from Initia’s official team for free, and downstream, they can guide on-chain users’ spending behavior (“pay-to-play”) into protocol revenue by setting esINIT allocation rules.
The real purpose of the @initia VIP mechanism is to enforce (3,3), embodying a refined high-control approach. If you truly believe in @initia, the simplest and most straightforward way is to hold $INIT.
Reflecting on the best on-chain opportunities for small investors that I discovered in the first half of the year, it was on Sonic @SonicLabs. Unfortunately, I didn't participate deeply.
If I tell you that I believe the best on-chain opportunity for small investors in the second half of the year is on Interwoven @initia, how would you respond?
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