“I’m from the future, and I must say it’s strange and even absurd to witness what’s happening.”
Is this a tax on stupidity? Or some cruel joke? It all looks like a level-33 trolling scheme. How else can you explain millions of people tapping on images on their phones in pursuit of token rewards, when they could be distributed much more easily — through a fair algorithm that grants tokens at regular intervals, for example, once a day, with a one-address limit?
People fall for these “tap-to-earn” schemes — unfair token distribution systems where developers and contract owners enjoy all the privileges, while participants are left with measly crumbs, a tiny percentage of the total token supply. Even the projects that claim to fairly distribute tokens, without the humiliating need to tap screens, aren’t much better. Just yesterday, I read this: “Community Distributed $15M USD or 3.2% of $DOGS Supply!” — 3.2%! Are you kidding me? This has become the symbol of how far we’ve strayed from the true ideals of decentralization.
It feels wrong to blame everyone for foolishness — this has been the norm for a long time. People get used to absurdity when they’ve been exposed to it since birth. But why, out of the countless people who consider themselves blockchain and smart contract experts, has no one simply sat down to write 100 lines of code for a truly fair smart contract? The technology already exists. We live in a world where blockchain is available to everyone. A smart contract is a piece of application logic stored on the blockchain, making its rules transparent and accessible to all. It’s a tool that can eliminate the need for trust by replacing it with verifiable transparency.
Anyone with basic programming skills can take open standards like ERC-20 and modify them to create a fair token distribution algorithm. But what do we see instead? Every new project claims its token distribution will be “fair,” only for us to find out later that huge portions are reserved for the team, venture capitalists, and marketing expenses. The people, lured in by promises of decentralization and equality, are left with the scraps, while the founders walk away with millions.
And the strangest part? No one even tries to do it right. Is it really that difficult? No, the problem isn’t the complexity or lack of knowledge. The problem is that no one wants to create something truly for society, without hidden benefits for themselves. Look at Bitcoin, for instance: its value wasn’t created through pre-sales or marketing. Satoshi Nakamoto didn’t reserve a portion of Bitcoin for himself or investors. Bitcoin’s value emerged because it was a fair system, and rewards were given for real contributions by miners.
So why haven’t we seen a truly public token yet? A token that’s honest, without privileges for creators and owners of the contract, without private pre-sales or marketing stunts? The most honest token should be distributed freely, and its value should grow as the number of participants increases. The more people involved, the more valuable the token becomes. Transparency should be the foundation of the system, not a marketing gimmick.
And the best part is, the technology for this has existed for over ten years. Blockchain is a tool that ensures the accuracy of information and allows for constant verification. You could build a system where every participant can see and verify everything that happens, from the token distribution process to vote counting in elections. People no longer need to rely on centralized systems — they can demand full transparency through blockchain.
I remind everyone — you have a technical tool that guarantees reliability, based on transparency. (Blockchain is a tool to ensure the reliability of information and the possibility of its constant verification). To see that, for example, voters can look at the proposal of their vote in a system based on municipality, even after the end of the vote, how it is counted, and that it is really counted in favor of the one for whom they voted. But you continue to store your funds in centralized exchanges (general centralized exchanges and cryptocurrency exchanges), continue to copy in fiat money (emission, which is completely controlled by the reserve) and continue to participate in periodic elections, based on your belief that the result of the vote count will be fair.
Yes, it is so wrong to accuse everyone of stupidity, because it has always been like that, but it is strange to me — why among those who consider themselves experts in writing smart contracts — there was not a single one who would write 100 lines of code of an honest smart contract to make it the state of the whole society?
Sometimes something very important happens, but no one notices it and continues to be and live as before..
The most honest, popular token — what is it?
Join the community to discuss this https://discord.gg/PZdVDspn7h
Top comments (0)