ChainCatcher News: Crypto Quant Founder Ki Young Ju Calls for a New Game to Revitalize the Industry

Ki Young Ju, founder of CryptoQuant, took to the X platform to express his concerns about the current state of the crypto industry. He argues that the industry has been in a crisis, likening it to a game in the past. He believes that crypto previously abstracted human joy, triggering dopamine release and providing an experience similar to real-life happiness.

He highlighted the lackluster performance of altcoins in 2024, with no significant inflow of capital. He believes that without a new game to stimulate trader dopamine, the industry faces long-term stagnation.

Ki Young Ju questioned the whereabouts of the builders who previously fueled innovation and exploration in the space. He expressed uncertainty about their departure and posed a question to Vitalik Buterin, the co-founder of Ethereum.

He emphasized that his comments were directed towards Web3 and crypto, not Bitcoin.