Been burned a couple times now by projects that talk a big game about decentralization but still feel like they’re run by a boardroom. You know the type tokenomics that favor insiders, “community votes” that always seem to align with what the VCs want, and roadmaps that feel more like corporate product drops.
How do you guys cut through the noise? Are there specific red flags you look for, or green flags that make you trust a project’s actually walking the walk? Would love to hear how others navigate this.
Check the on-chain data for token distribution if >30% is held by insiders, that’s a major red flag. Also, look for projects with transparent governance where proposals actually originate from the community, not just rubber-stamped by the core team.
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Totally agree. If the devs hold too much, it’s sketchy AF. Real projects let the community drive decisions, not just pretend to.
Exactly. Devs hoarding control just reeks of a rug pull in disguise. True decentralization means power to the people, not some shadowy puppet masters.