The idea of officially-led project incubation indeed helps concentrate resources and authority, allowing promising projects to receive support while also constraining speculative behavior. However, the problem is—this support mechanism is still far from clear.
Specifically, what kind of projects can receive official support? What are the specific support measures? What is the evaluation cycle? These standards are currently vague. This leads to two outcomes: first, participants see no definite expectations and can only continue to gamble; second, it easily evolves into another form of unfair competition.
The solution is actually not complicated—establish open and transparent support policies and evaluation standards. Whether for early-stage project teams or retail investors, everyone should be able to clearly see: why is this project worth supporting, and what tangible benefits can support bring? Only then can the market be pulled out of endless zero-sum games.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
5
Repost
Share
Comment
0/400
PretendingSerious
· 1h ago
The standards are not public either, how are we supposed to play? Anyway, it's all just behind-the-scenes manipulation.
View OriginalReply0
RugPullSurvivor
· 1h ago
Basically, this mechanism is like "Schrödinger's support" right now; no one knows whether they have a chance or not.
View OriginalReply0
RetailTherapist
· 1h ago
Basically, everyone just wants to see the rules. Right now, it's all about information asymmetry.
View OriginalReply0
ser_we_are_ngmi
· 1h ago
Oh dear, it's that same old tune of "transparent standards" again. The words sound good, but how about the execution?
View OriginalReply0
GoldDiggerDuck
· 1h ago
Once the standard is released, it has to be changed again. This routine has been played several rounds...
The idea of officially-led project incubation indeed helps concentrate resources and authority, allowing promising projects to receive support while also constraining speculative behavior. However, the problem is—this support mechanism is still far from clear.
Specifically, what kind of projects can receive official support? What are the specific support measures? What is the evaluation cycle? These standards are currently vague. This leads to two outcomes: first, participants see no definite expectations and can only continue to gamble; second, it easily evolves into another form of unfair competition.
The solution is actually not complicated—establish open and transparent support policies and evaluation standards. Whether for early-stage project teams or retail investors, everyone should be able to clearly see: why is this project worth supporting, and what tangible benefits can support bring? Only then can the market be pulled out of endless zero-sum games.