$LOUISB
Cooling DownSnapshot Window: 2026-07-29 12:00 UTC · ← Back to Crypto Overview
Social Momentum Summary
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
The age of grants is over. The age of builder codes is now Grants don't work. Chains have spent hundreds of millions, if not billions, in awarding grants to get builders on their on their chain. The result: smaller treasuries of hundreds of millions, if not billions, with little activity and revenue capture after the grants were awarded. There's a massive graveyard of dead web3 projects that received upfront funding from chains. The grant model is broken. A chain hands a team money before the team has proven anything, hopes they build something people use, and hopes they stick around after the check clears. We've seen so many teams take the grant, ship something terrible, and move on. The chain is renting builders the same way chains rented liquidity with emissions (I've spoken many times about this previously), & it fails for the same reason: paying upfront for activity you're hoping shows up with no incentive to stick around.