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AB Kuai.Dong
AB Kuai.Dong|Nov 10, 2025 03:38
River reached out to me multiple times before, but I ended up turning them down. Mainly because last cycle, I went through too many dual-token model projects in chain games and DeFi. For example, you invest in one token, and through a series of operations, you get another token. Usually, both tokens go up in the early stages. But as circulation increases, the outcome is always the same: one token will inevitably get dumped first. What River is doing is no different from those who were doing chain games and dual-token models back then—essentially tokenizing points. The only difference is that this version isn’t packaged as chain games anymore since that trend isn’t popular now. Instead, they’ve switched to an ICO + points + hype model, but the essence hasn’t changed at all. So you could say, there’s no innovation in the industry this year.
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Timeline

Dec 10, 02:54CoinList will launch the Rainbow token public sale
Dec 10, 02:38SEC Chairman stated that ICOs should not be considered securities
Dec 10, 02:00SEC Chairman stated that ICOs should not be considered securities
Dec 09, 10:17Gate launches the 38th phase of contract points airdrop
Dec 09, 07:19Gate Alpha launches the 123rd round of points airdrop
Dec 08, 19:59Hyperliquid Strategies launches $30 million stock buyback plan
Dec 08, 18:21Pump Wrapped is now open to any Solana wallet that has traded pump fun tokens.
Dec 08, 13:02EUDA Health will issue QB tokens
Dec 08, 12:52SEC ends two-year investigation into Ondo Finance
Dec 08, 09:40Alpha airdrop can be claimed at 21:00 today

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