Why is it said that this season's meta can revolve around projects that bring real value?
Many projects are only following outstanding Narrative, Point farming mechanism, Airdrop => Attracting users in the short term
After the Point earning or Airdrop program ends, we witness a wave of "running away" from the platform (Users, TVL, volume, ...). For example: ZKsync
This is even more evident in bear markets, corrections and sideways markets
To achieve sustainable growth, projects must focus on providing real value in 3 forms:
- Real-world demand (Trading Bot, Betting, AI, Game, ..). For example: Banana Gun, Render, Ton
- Bringing sustainable profits (Staking, LP, ...). For example: Ondo, Aave, Pendle
- Incentive forms (Grants, Bug Bounty, Validator). Example: Ton
Usually, top Narrative projects will tend to attract users first thanks to their reputation and real value => Attract revenue, volume => Stay in the market in the long term
=> Even when the market dumps the token price down, there is still a higher recovery rate
