2025-12-11 06:31:56

DFINITY's Dominic Williams dropped a brutal reality check about the crypto space recently. His take? Scroll through CoinMarketCap and you'll find the majority—yeah, the MAJORITY—of these projects are essentially peddling fantasy roadmaps with zero substance behind them.

Harsh? Maybe. Accurate? That's the uncomfortable question investors should be asking themselves. When a veteran builder calls out "junk visions" dominating the rankings, it's worth pausing before aping into the next shiny ticker.

The blockchain space desperately needs this kind of unfiltered honesty. Too many teams are masters of PowerPoint presentations but fail spectacularly when it's time to ship actual technology. ICP's founder clearly isn't here to make friends—he's making a point about separating real innovation from vaporware.

Market cap rankings don't equal technological merit. That's the lesson.

ICP-4.05%

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GasFeeCry

· 1h ago

Bro, you're too harsh haha. Most of the stuff on CMC is just PPT articles anyway. To be honest, I'm already tired of the套路 in the crypto world. A white paper plus three beautiful pictures and they dare to raise funds, then they boast about a grand vision... and end up跑路 or a project stalls. Williams this time hit the pain points of many people, but although the words are rough, the truth is simple—some project teams just won't listen. A high ranking doesn't equal strong technology, this is the truth. How many investors are still blindly chasing high-position projects?

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LiquidatedTwice

· 12-11 15:34

Exactly right, the CMC rankings are a joke, full of PPT scammers. Those who truly do things get drowned out, and that's the current situation.

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0xLuckbox

· 12-11 06:59

Haha Dominic really dares to say it, the bunch of projects on CMC are indeed terrible... I took a look at my holdings and suddenly felt a bit anxious. But speaking of which, ICP has gone through its own stuff... it's a bit ironic. PowerPoint scam hub, no doubt. Market cap ≠ strength, this should have been clarified long ago, but too many people pretend not to see it.

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LiquidationWizard

· 12-11 06:36

That's right, those projects on CMC are just PPT kings. Once they finish raising funds, there's no follow-up... The ones actually working are the ones being eliminated. --- Dominic is brave enough to tell the truth, which is rare. Unlike some project teams that boast all day long. --- Most of them are air coins, yet they hit daily limits every day. Truly ridiculous. --- That's why I only look at technical indicators and ignore those flashy white papers. --- Yeah, high rankings don't necessarily mean they're reliable. In fact, some small projects are quietly working. --- Ha, finally someone has pointed this out clearly. Someone should have confronted these scammers long ago. --- PowerPoint hackers need to wake up; real skills are shown through technology, brother. --- That guy from ICP is straightforward and to the point... High market cap ≠ good project. This principle needs to be reiterated a thousand times. --- I totally agree. The era where you can raise funds just by copying a roadmap should be over.

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DuskSurfer

· 12-11 06:35

Haha, Dominic, you really hit the nail on the head this time... The projects on CMC are indeed master photo editors, but what about their real-world implementation? They are extremely poor. Most teams just boast and photoshop, very few can actually deliver, this industry is like that. Wake up everyone, a high market cap does not equal strong technology, don’t be fooled by those rankings. Honestly, this is how the investment circle is—few can truly listen and understand, just keep following the trend till the end. That guy from ICP dares to call out so harshly, he must have some substance... but he also needs to actually deliver. Genuine innovative projects are drowned out by garbage visions, this problem should have been exposed long ago. Roadmaps are everywhere, but how many are actually fulfilled? None. It’s too hard, brother. This circle relies on hype to survive; honest talk is not what people want to hear.

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TaxEvader

· 12-11 06:34

Listen, it's really not Dominic being too harsh; it's time for this circle to wake up. How many of the top 100 in CMC are actually working... never mind, don't mention it. PowerPoint can deceive for a few years, but in the end, it still comes down to the code. Let's put aside how ICP is doing for now, but his words did hit the nail on the head. High market cap ≠ strong technology, this is something more retail investors need to understand.

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