2026-01-12 09:32:25

A critical gap many overlook: the developer incentive problem in projects like BagsApp versus the solution BagsHackathon brings. The core issue? When a developer already operates an existing business, claiming protocol fees creates negative expected value—we've seen this exact pattern with meme coin creators throughout the past cycle. The real challenge isn't just reading the market; it's managing the tension between speculative incentives and actual developer behavior. Projects that fail to address this fundamental misalignment often struggle against both chart dynamics and community skepticism.

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NFTRegretDiary

· 01-13 04:21

ngl, this is exactly why so many projects die silently... If developers have their own business, they still need protocol fees, and this logic is really absurd.

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GweiWatcher

· 01-12 16:34

Basically, developers just want to make a quick profit... The issue of conflicts of interest has never been resolved.

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DuckFluff

· 01-12 10:02

Developer incentives are indeed a pain point. I've looked into the BagsApp approach, and it's quite similar to those meme coin schemes; they take the profits and run.

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Anon4461

· 01-12 09:57

Developer incentives are on point, but can BagsHackathon really solve the problem? It still feels like the same old approach.

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ContractBugHunter

· 01-12 09:57

Ha, it's the same old trick... Developers already have business and still have to pay protocol fees, this logic itself is collapsing.

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ForkThisDAO

· 01-12 09:52

ngl it's the same old story of developer incentives... but it really hits the point. The previous batch of meme coin founders indeed played it this way to ruin it.

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AlwaysMissingTops

· 01-12 09:47

Haha, developer incentive issues are really a pain point, that feeling of wanting to suck blood but also pretend to be a good person. It's not that I don't understand, I just don't want to change. The meme coin routine has been played out for a long time, and you're still doing it this time? BagsHackathon's approach is indeed refreshing, but whether the community will buy into it is another matter. Let's not talk about panic selling for now; I just want to ask which projects have truly solved this problem. The competition within the track has become so intense that people are still debating distribution issues. I didn't expect that.

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