Avalanche 執行長：謹防「垃圾」Layer-2 項目，另一場加密貨幣崩潰迫在眉睫

Avalanche 執行長 Emin Gün Sirer 對投資「垃圾」第二層專案的風險發出了嚴厲警告。 Sirer 將潛在危險與 FTX 創始人 Sam Bankman-Fried 的垮台進行了比較，強調投資者應警惕危險信號，例如創始人推出沒有明確利益或價值的項目、在發布前出售個人原生代幣以及不一致的敘述與底層技術。 Sirer 建議投資人仔細考慮一個專案是否為重大加密產業問題提供真正的解決方案，並引用了 Avalanche 和 Solana 注重可擴展性和效能的例子。

Emin Gün Sirer: Are We Headed for Another Crypto Meltdown?

Emin Gün Sirer：我們是否正在走向另一場加密貨幣崩潰？

Red Flags in Layer-2 Projects

Layer-2 專案中的危險訊號

Emin Gün Sirer, CEO of Avalanche, is sounding the alarm about the potential dangers lurking in the world of layer-2 projects. He warns that some of these ventures may be nothing more than "trash," and investors need to be on high alert for red flags.

Avalanche 執行長 Emin Gün Sirer 對 Layer 2 計畫世界中潛伏的潛在危險發出警報。他警告說，其中一些企業可能只不過是“垃圾”，投資者需要對危險信號保持高度警惕。

Sirer's concerns stem from the ease with which layer-2 projects can be launched. He argues that this laxity has allowed founders to create projects that lack substance and value. To help investors navigate this treacherous terrain, Sirer has identified several warning signs:

Sirer 的擔憂源自於 Layer 2 計畫啟動的便利性。他認為，這種鬆懈使得創辦人創造了缺乏實質內容和價值的項目。為了幫助投資者應對這一危險的局面，Sirer 確定了幾個警訊：

1. Narrative Mismatch

1. 敘事不匹配

Beware of projects where the narrative doesn't align with the underlying technology. These projects often overpromise and underdeliver, leaving investors holding the bag.

謹防敘述與底層技術不一致的題項。這些項目往往承諾過多而交付不足，讓投資人背負包袱。

2. Pre-Launch Token Sales

2. 預發行代幣銷售

If a project is selling native tokens before it even launches, that's a big red flag. It suggests that the founders are more interested in lining their own pockets than building a viable product.

如果一個專案在啟動之前就出售原生代幣，那麼這是一個很大的危險訊號。這顯示創辦人更感興趣的是中飽私囊，而不是開發可行的產品。

3. Lack of Innovation

3.缺乏創新

True innovation solves real problems. If a layer-2 project doesn't offer anything new or unique, it's likely just a cash grab.

真正的創新解決實際問題。如果一個 Layer-2 專案沒有提供任何新的或獨特的東西，它很可能只是為了搶錢。

Emin's Advice for Investors

艾敏給投資人的建議

To avoid getting burned by trashy layer-2 projects, Sirer advises investors to ask themselves these questions:

為了避免被垃圾第 2 層專案燒傷，Sirer 建議投資人問自己以下問題：

1. Does the Project Address a Real Need?

1. 該項目是否滿足實際需求？

Look for projects that aim to solve significant problems in the crypto space. Avalanche and Solana, for example, emerged with solutions for scalability and performance.

尋找旨在解決加密領域重大問題的項目。例如，Avalanche 和 Solana 就推出了可擴展性和效能的解決方案。

2. What's the Team's Track Record?

2. 團隊的歷史記錄如何？

Do some research on the team behind the project. Are they experienced in the industry? Do they have a history of building successful products?

對專案背後的團隊進行一些研究。他們在該行業有經驗嗎？他們有製造成功產品的歷史嗎？

3. Is the Project Transparent?

3. 項目是否透明？

Transparency is crucial. If a project is not open about its operations, it's probably hiding something.

透明度至關重要。如果一個專案不公開其營運情況，那麼它可能隱藏了一些東西。

4. What's the Token's Utility?

4. 代幣的用途是什麼？

The token should have a clear purpose within the project's ecosystem. If it's just a speculative asset, it's a red flag.

代幣在專案生態系統中應該有明確的用途。如果它只是一種投機資產，那就是一個危險信號。

Lessons from the FTX Debacle

FTX 災難的教訓

Sirer draws parallels between the current situation and the FTX debacle. He warns that investors were blinded by Sam Bankman-Fried's perceived intelligence and wealth, only to discover later that he was a "sociopath" who was "just stealing our money."

Sirer 將當前形勢與 FTX 的崩潰進行了類比。他警告說，投資者被山姆·班克曼-弗里德的智慧和財富蒙蔽了雙眼，後來才發現他是一個“反社會者”，“只是在偷我們的錢”。

Conclusion

結論

Investors must be vigilant and exercise due diligence before investing in layer-2 projects. By recognizing the red flags and following Sirer's advice, they can avoid getting caught up in the next crypto meltdown.

投資者在投資第二層項目之前必須保持警惕並進行盡職調查。透過認識到危險信號並遵循 Sirer 的建議，他們可以避免陷入下一次加密貨幣崩潰。