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Ruminating on Initiative Q

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@bozz
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This is one of those unfortunate Monday's when not much happened over the weekend, so I really don't know what to post about. I take that back, I have stuff I can post about, but I am not sure it is enough to fill the full 500 word goal that I usually set for myself.

Some of you might be thinking, "well just don't post then". Which is a fair point, but there is just something in me that refuses to yield. I am pretty consistent about posting five days a week so barring a national holiday or actually taking a day off, I just can't bring my self to do it.

Now you are probably saying, "wait, this feels a lot like filler just so he can hit that 500 word goal he has". In fact, you would be right. You caught me!

It's easier to ask forgiveness than permission right?

Seriously though, this past weekend I was thinking about some of the old projects that people were excited about back in 2017/2018 when many of us were crypto noobs. Isn't it funny how most of those projects that we thought were going to be our big payday ended up not being that.

On the flip side, some of the projects that we didn't really give a second thought at the time ended up being pretty decent for us. Okay, maybe 1 out of 20 of them gave us a small return...

The key one that game to mind what a project called Initiative Q now known as "Quahl" I guess.

I jumped over to their website the other day and I was greeted with this frontpage.


I'll give you a minute to read through the couple of paragraphs they have up there.

You good?

I think my favorite part of the whole thing is "Our team is currently investigating possible ways to move forward in a way that will bring value to the community".

If that doesn't say we have no effing clue what we are doing then I don't know what does.

As was common a couple of years ago, projects were popping up right and left collecting contact information from users and then simply disappearing. This feels a lot like that sort of thing. They likely got their money selling a contact list to some digital marketer and called it a day.

I think my second favorite part of the whole thing would be this statement "we have concluded that a community of this size, with its current growth trajectory, isn't sufficient to launch a new currency."

IE, we don't have enough money to pay all of you greedy !@#!@#$ers that signed up.

I guess the fact they took time to post that on their website should be a sliver of hope that it wasn't a total rug pull. Additionally, the fact that all we have given them so far is data should be some consolation as well.

I know there are some other folks here on Hive that signed up for Initiative Q. I think I even recruited some of them with my referral link. Sorry about that @slobberchops...

Alright, I think I have dragged this out long enough.

Did you sign up for Initiative Q back in the day? Does this announcement shock you? Any other data mining projects you can remember signing up for back in the day?

These days if I see a project or an NFT launch where they want me to share my email and social media handles, I usually just skip it. I personally think crypto has moved past that stage.

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