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Xeet has the strongest thesis in post-InfoFi, and the weakest institutional credibility. Pseudonymous founder, no GitHub, no funding. The gap between design and proof is the whole story.
Ethos built the most complete onchain reputation protocol in the category. The design is genuinely novel. The question is whether the protocol can outgrow the coordination problems it was built to solve.
A structured review of the claims, proof gaps, and narrative problems behind the endless stream of identical Layer 2 pitches.