「ド派手なTGEは死んだ。静かに積み上げる者が生き残る。」
- 派手なTGE(トークン発行)は軒並み48時間以内に暴落
- 逆に成功しているのは「静かに始めて、信者が支えた」プロジェクト
- VirtualsはAIブームの1年前にTGE済みという先行例
👉 過去数年は悲観論者が勝ち、信じる者が損をしてきた

Big bang TGEs are dead
The new playbook:
Wait until there’s adoption, or launch small and accrue value over time
I analyzed TGEs from the past 18 months for our Safary Certification program, comparing launch mindshare to token performance today
Almost every hyped TGE cratered within 48 hours
The ones that held up were quiet TGEs with steady believers
Take Virtuals - most people don’t realize they TGE'ed a year *before* the AI meta
The past few years have rewarded pessimists and punished believers
But if we design incentives that reward the protocols building real adoption and fundamentals, the believers may just finally win

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