Arthur Cheong, founder and CEO of DEFIANCE CAPITAL, spoke at the DEFI SUMMER event, criticizing the points programs commonly used in current crypto projects. He believes that these points programs are nothing more than a large-scale PUA (Pick-Up Artist) strategy of the project team to the community, designed to attract and keep users' attention without providing substantial value. Cheong specifically mentioned PACMAN's BLUR project's practice of creating points for the NFT community, and said that this strategy is now imitated by many project founders. He made it clear that he does not support this practice, believing that these points programs cannot provide the same value compared to actual token incentives.

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<p>Shen Chao TechFlow is taking a break, according to Arthur Cheong, the founder and CEO of DeFiance Capital, who stated that all these token incentive programs are just a big PUA strategy by project teams.</p>
<p>During DeFi Summer, it was unable to beat actual token incentives. Pacman's Blur created points for the more easily influenced NFT community, and now all founders are copying these strategies, which he says he will not support.</p>
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DEFIANCE CAPITAL founder criticizes crypto project points program as PUA strategy