According to PANews, Chris Burniske, a partner at venture capital firm Placeholder and former head of crypto at Ark Invest, has suggested that if $MOTHER can achieve sustainable value creation, it could become a benchmark in this cycle of celebrity experiments. However, Vitalik Buterin expressed dissatisfaction with the current round of celebrity experiments, arguing that financialization should serve worthy goals such as healthcare, open-source software, and art, rather than becoming the end product.
Buterin, citing his previous article, pointed out that celebrity crypto projects should possess certain characteristics to earn respect. These include having a public welfare goal, serving art projects or charitable causes, and having mechanisms other than trading tokens, such as token voting DAO. He also emphasized that projects should last for more than 10 years, rather than being a short-lived bubble.
Buterin stressed that projects should make participants willing to participate even if all tokens eventually become worthless. He pointed out that ordinary enterprises and charitable organizations often achieve this goal.
