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Once again, a shell GameFi project — $SIGHT analysis
There are quite a few of these projects. Claiming to have been operating for 5 years sounds impressive, but once you look at the resume, it’s exposed: no funding? No endorsements? Tokenomics design? Even messier.
Community management is just so-so; the X platform has barely 30,000 followers, and don’t expect much engagement. The core issue lies in tokenomics — $SIGHT is packaged as a governance token, which sounds sophisticated, but in reality, the in-game asset production mechanism has no cap. Under unlimited inflation pressure, the token’s value will naturally be diluted. Such a design might have fooled people in the early days of GameFi, but now it’s just self-destruction.
The project team neither has the funding strength to refine the product nor big endorsements to boost credibility. Relying solely on outdated tokenomics templates clearly won’t get far. Similar projects have emerged endlessly over the past few years, and the market has long seen through them.