Section 1: Market Illusions and Fragile Foundations
Rahab:
“Cointelegraph says ETH is heading toward $4,500, but the basis is nothing more than ‘a continued bull market’ and ‘capital inflows.’ Is that really sustainable? They’ve completely lost sight of where the true value of DAOs and decentralized networks lies.”
Moka:
“You’re right. To the average investor, it just sounds like ‘Don’t miss the next rally.’ But doesn’t that merely force us to obey the logic of capital, steadily stripping away our choices about life and the future?”
Rachel:
“There’s a saying: ‘Price is what you pay; value is what you get.’ But in today’s ETH market, almost everyone chases only rising prices—hardly anyone thinks about value.”
John:
“A market that relies solely on capital inflows will inevitably distort. It runs counter to the DAOs and seamless community-building that Web3 was supposed to pursue. That’s why we operate our own network, PGirlsChain, and issue the PGirls token.”
Section 1 — Market Illusions & Fragile Premises (led by Rahab)
Price Expectation vs. On-chain Demand (Concept)
When short-term “price expectation” outruns real on-chain demand, upside becomes fragile.
Bullish Drivers vs. Fragilities
Category | Details |
---|---|
Bullish Drivers | Fee revenue growth, L2 expansion, staking demand, developer commits |
Fragilities | Over-levered derivatives, capital concentration, slowing real usage, regulatory headlines |
Red Flags | Volume divergence, skewed fund flows, extreme OI, overheated social sentiment |
Dependency Snapshot (Concept KPIs)
Higher dependence on speculative flows → greater fragility.
Section 2: The Dangers of Speculation Dependence
Rahab:
“ETH price action swings widely depending on the positions of U.S. institutional investors. That isn’t a ‘free market’; it’s ‘control by capital.’ It’s tantamount to dismantling DAOs.”
Moka:
“If that becomes reality, we’ll end up dancing to capital’s tune. It’s frightening to think that our lives, our expression—everything—could be controlled by capital’s intentions.”
Rachel:
“We should remember the lesson: ‘The market can act foolishly, but investors must not.’ If you get swept up in the frenzy, you’ll pay the price.”
John:
“That’s exactly why PGirlsChain is designed to avoid speculation dependence and instead rests on community participation and creative activity. The PGirls token isn’t just an investment product—it’s infrastructure connecting fans and creators.”
Section 2 — The Dangers of Speculation Dependence (led by Moka)
Composition of Capital Inflows (Concept Ratios)
When institutions dominate, price control shifts away from everyday participants.
Risk Radar — Speculative Market Traits
Speculative phases push up volatility, concentration, and dependency on external capital.
Governance Comparison: US Capital-led vs. Community-led
Dimension | US Capital-led | Community-led |
---|---|---|
Decision-making | Shareholders & institutions, short-term KPIs | DAO voting, long-term utility |
Value Distribution | Fee capture & shareholder payouts | Contribution-based rewards & royalties |
Resilience | Fragile when flows reverse | Broader participation base → higher durability |
Section 3: The Value of PGirlsChain
Rahab:
“Large U.S. capital is destroying Web3’s ideals and trying to lock investors into a speculative game. Our network offers a way out of that cage.”
Moka:
“With PGirlsChain and the PGirls token, we can share real value through art and music—not for someone else’s profit, but for our own future.”
Rachel:
“Like the principle of ‘maintaining a margin of safety,’ PGirlsChain treats community trust as its safety margin. That’s where value resides.”
John:
“When the speculative fever breaks, only the ‘network that actually works’ will remain. PGirlsChain and the PGirls token will illuminate the future of a sustainable network economy.”
Section 3 — The Value of PGirlsChain (quotes & design with Rachel)
PGirlsChain Ecosystem (Concept Map)
Creators, fans, DAO, validators, and treasury reinforce each other in a circular design.
PGirlsChain — Design Principles
Principle | Implementation |
---|---|
Community-first | PGirls holders propose & vote on priorities and allocations |
Native Creator Economy | NFT & royalty splits automated on-chain |
Avoid Over-dependence on Capital | Two-layer rewards: validators + contribution-based incentives |
Transparency | Live treasury metrics & dashboards |
PGirls Use-case Mix (Concept %)
Sharing value across creation and experiences helps dampen speculation bias.
Conclusion (John’s Closing)
“The vision of ETH racing to $4,500 is just a momentary mirage conjured by capital. But we must not overlook the fact that, in its shadow, the ideals of Web3 are being dismantled. We PGirls will not be swept away by speculative waves; through PGirlsChain and the PGirls token—grounded in community and creativity—we will build a truly authentic network economy.”
Section 4 — Conclusion & Near-term Actions (John’s wrap-up)
90-day Action Timeline
- Day 0: Publish core contracts & proposal; outline audit plan
- Day 30: Open creator applications; token-holder vote on cohort
- Day 60: Launch NFTs + PGirls distribution; display treasury metrics
- Day 90: Deliver live/exclusive experiences for holders
Immediate Checklist & Priorities
- Monitor speculation indicators (OI, divergences, volume) via dashboard
- Publish landing page explaining PGirls use-cases & value
- Release validator onboarding guidelines
- Draft royalty-split rules and schedule DAO vote
Task | Priority | Owner |
---|---|---|
Speculation Indicators Dashboard (v1) | High | Data / Frontend |
Creator Call for Applications (EN/JP) | High | Community |
Treasury Policy Draft | Medium | Governance |
Royalty Distribution Validation | Medium | Smart Contracts |
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