Alexander Lorenzo argues that crypto tokens achieve 100x returns on viral narratives and crowdfunding dynamics, not real utility. Most newcomers repeat unverified claims from websites without understanding the code. The actual use case is as a crowdfunding vehicle where compelling stories attract capital.
Chapters
We have coins that their utility is dead, but it goes up 400x. Each individual coin, they have their own story. It's one of the most verified things of our strategy that these coins go up because of their viral tactics. Someone comes to me, usually newer crypto guys, like, but the token has the utility thing, and they're going into detail about like a mechanism. They don't even understand that the thing that they're saying from their mouth is a story. They don't— how I know that's true is because they don't— they didn't code it. They didn't go and verify. That the thing actually has that utility mechanism. They're just regurgitating to me a story that they read on the website. They're spreading a narrative to me. So we've come to a conclusion that it is the most, the most important. I'm telling you, we have coins that their utility is dead. Like I'm talking about, it doesn't do nothing for the world at all, but it goes up 400x. Well, you have to understand what crypto is. Crypto is a crowdfunding vehicle. It's the number one use case in the world for crypto right now is crowdfunding. It is a better form of money too, but one thing is it's better at crowdfunding. This is where classified narratives are very important. Boom! That's why I do it. I do it because I've realized that there's a lot of narratives that sound cool, but they're not backed up by data.