- Crypto’s regulatory fears ease, but self-regulation is crucial to prevent scams and ensure real innovation.
- The industry must shift from hype to real-world impact—projects need transparency, utility, and tangible progress.
- Avalanche Foundation faces backlash over Delaunch’s opacity, fueling concerns about insider activity and accountability.
In Washington, D.C., the crypto business had a momentous occasion that indicated a change in regulatory attitude. According to Avalabs CEO Emin Gün Sirer, cryptocurrency fans were relieved when the regulatory environment changed. No longer fearing government hostility, attendees chanted “USA USA” in celebration. However, Sirer stressed that with fewer regulatory barriers, the industry must adopt greater self-regulation.
Scammers and fraudulent projects remain a threat, and the community must actively weed out bad actors. Additionally, the era of overhyping technical jargon without delivering real solutions is ending. Teams must now focus on building functional, scalable products that genuinely contribute to blockchain innovation.
The Call for Transparency and Responsibility
Beyond the optimism, the community must enforce accountability. Sirer emphasized that crypto participants should question what individuals contribute to the space. Without tangible achievements, self-policing becomes essential to maintaining credibility. Fraudulent traders and empty promises can no longer define the industry. Hence, projects must show real progress rather than hiding behind complex terminologies.
Moreover, the crypto world must deliver on its promises. Investors and users should be wary of unfalsifiable claims. Technologies like ZKSLURPs or ZKSPLURGEs should be backed by practical results, not just theoretical benefits. The focus should be on real-world adoption and enhancing blockchain utility. This is a defining moment for the industry, and only those who provide value will thrive.
Avalanche Foundation Faces Criticism Over Delaunch
While the industry moves toward maturity, controversy surrounds the Avalanche Foundation. A growing number of community members, including 0xMasterCrypto1, raised concerns over the lack of transparency in the Delaunch project. The project reportedly lacked essential elements like a Telegram or Discord channel, proper documentation, token utility details, and an accessible GitHub repository.
Additionally, accusations surfaced regarding insider activity. Reports indicate that certain individuals sniped their own projects, including $AIGG, $ALBERT, and their own token, $ai9000. Supporters of Avalanche have become frustrated due to the lack of clear communication and community involvement. Concerns regarding the project’s integrity were further raised when attempts to contact the foundation for explanation were met with silence.
