No matter how you look at it, DOT is indeed a confusing project. Who is using it? What is its use? What value does it have for web3? Who can answer this?
Manta Network co-founder Victor Ji: As an Asian founder, I have encountered a lot of discrimination in the Polkadot ecosystem
In response to the controversial news that "Polkadot Treasury spent $87 million in half a year", Manta Network co-founder Victor Ji posted a message saying: "As the founder of the project with the largest TVL and market value/fully diluted market value (non-DOT) in the former Polkadot ecosystem, I have to say that we don't want to engage with the Polkadot ecosystem and its team at all.
This ecosystem is highly toxic and has no real value for Web3. It doesn't care about users or adoption at all. We are too busy to reveal the many facts of discrimination we have suffered as Asian founders in this ecosystem (this is a feeling shared by all Asian founders)."