RE: LeoThread 2025-10-02 11:20

[papaart]

Involvement with the ThorSwap project dates back to 2021. This is a broad generalisation — some builders in the space remain committed for the long term.

Comments

[papaart]

Work isn’t finished until everyone can trade and hold whatever assets they choose in their own wallet 🫡

[papaart]

A concise read on Pacman's approach: he is an intelligent opportunist focused on money rather than crypto ideology

[papaart]

He built Blur after spotting Opensea’s dominance, captured market share through strong business execution, then moved on when NFTs faded and identified L2s as the next trend

[papaart]

Attention shifted fully to building Blast while Blur was abandoned for being out of meta — he chases trends by building rather than by investing

[papaart]

After Blast failed to take off, interest dropped and development stopped; official communication ceased months ago
He illustrates a wider issue in crypto: short-term, trend-driven thinking instead of long-term commitment

[papaart]

The suggested takeaway was to position accordingly, for example preparing to exit shortly after TGE