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#Avalanche founder Emin Gun Sirer warns devs against fake crypto! Sirer slams anonymous creators of useless tokens with misleading jargon, calling them a risk to investors. He urges developers to focus on real value transfer instead of hype. Sirer criticizes the misuse of "Effective Altruism" and "weak subjectivity" to disguise non-functional tokens. He emphasizes honesty and innovation for Layer 1 builders, urging them to compete fairly with Ethereum. This highlights growing skepticism in crypto development, pushing for more focus on real-world applications. #bitcoinhalving #NFT

#Avalanche founder Emin Gun Sirer warns devs against fake crypto!

Sirer slams anonymous creators of useless tokens with misleading jargon, calling them a risk to investors. He urges developers to focus on real value transfer instead of hype. Sirer criticizes the misuse of "Effective Altruism" and "weak subjectivity" to disguise non-functional tokens. He emphasizes honesty and innovation for Layer 1 builders, urging them to compete fairly with Ethereum. This highlights growing skepticism in crypto development, pushing for more focus on real-world applications. #bitcoinhalving #NFT

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