The Shadow of Web3 IPO Hype and the Trap of Capital Dominance: PGirls’ Path to a Self-Governing Creator Economy

Introduction

Rahab (Vo):
“According to Cointelegraph, Gemini’s IPO drew massive oversubscription, and Figure made a confident market debut. But behind this frenzy isn’t the ‘dream of decentralization’—it’s the shadow of U.S. mega-capital. Do you really think Web3 can uphold the DAO ethos?”

Moka (G/Vo):
“But for investors and everyday people, an IPO can feel like a more accessible doorway. The fact that more people can participate through that format isn’t necessarily bad, right?”

Rachel (Ba):
“‘Price is what you pay; value is what you get.’ That line comes to mind. In overheated IPO markets, ‘hype’ often outruns value. In the end, many participants end up footing the bill.”

John (Dr):
“That’s exactly why we need a network that won’t be swallowed by the framework of U.S. capital. PGirlsChain and the PGirls token are one answer: a system that implements the DAO ethos and lets creators build a sustainable ecosystem where they’re the protagonists.”

Section 1: IPO Hype and Its Perils

Rahab: “More than just a fundraising method, IPOs have become stage sets that invite speculative frenzy. Sure, Gemini’s and Figure’s IPOs drew attention, but I can’t believe they bring us any closer to Web3’s ideals.”

Moka: “From an ordinary person’s viewpoint, IPOs create a sense of ‘I can take part.’ But in practice, many structures prioritize large investors. In terms of fairness, that may run counter to true Web3.”

Rachel: “We’ve been taught that ‘the market can be foolish at times.’ IPO mania moves with herd psychology. It’s a textbook case of investors losing sight of value and investing in illusions.”

John: “The DAO ethos is about sharing lasting value, not chasing hype. That’s why we chose PGirlsChain: a mechanism to build trust among participants and cultivate value over the long term—rather than speculation.”

IPO Hype and Its Risks

Section 2: The Aims of U.S. Capital and the Distortion of Web3

Rahab: “It’s obvious what U.S. mega-capital is aiming for: to shrink Web3’s ideals into a mere ‘financial product’ and ultimately fold it back into the capital markets.”

Moka: “So even when we ‘think we’re participating,’ in reality we’re under the sway of capital, right? For regular people, that risk is just too big.”

Rachel: “We should recall the ‘margin of safety.’ In markets where price diverges from value and mania takes over, investors aren’t protected. The IPO apparatus is a prime example.”

John: “That’s precisely why we need a network independent of capital. Built on the DAO ethos, PGirlsChain creates an economy where creators and fans connect directly. It’s a practical path to resisting capital domination.”

U.S. Capital’s Agenda and the Distortion of Web3

Section 3: The Creator Economy Envisioned by PGirlsChain

Rahab: “Our reason for running our own network is simple: to implement decentralization without the influence of U.S. capital.”

Moka: “What matters to ordinary people is guaranteed ‘direct access.’ Being able to connect with creators without intermediaries is a huge advantage.”

Rachel: “From a diversification standpoint, PGirlsChain is healthy. It enables a stable circulation of value through DAO mechanisms, instead of being tossed about by hype.”

John: “With PGirlsChain and the PGirls token, we enable gated access and instant settlement while expanding community-based investment opportunities. That’s what a true ‘creator economy’ really means.”

PGirlsChain’s Role: A Creator-Led Economy

Section 4: Conclusion

John:
“Behind IPO euphoria lies the trap of capital dominance. The true spirit of Web3 is DAO—building a network where anyone can participate on equal footing. PGirlsChain, operated by us PGirls, is a real-world choice that implements that ethos. A self-governing network economy where creators and fans connect directly and nurture lasting value—that’s where the future lies.”

Conclusion: Roadmap to a Self-Governing Network Economy