DINO = Decentralized In Name Only
Calling out the fake decentralization theater in crypto. Too many projects slap "decentralized" on their pitch deck while:
• Founders hold 60%+ token supply
• Multisig controlled by 3 anon wallets
• Can pause contracts at will
• VC-backed with locked tokens dumping on retail
Real decentralization = no kill switch, no admin keys, immutable contracts, fair distribution.
If the team can rug you, it's not decentralized. It's just venture capital with extra steps.
DYOR on token distribution and contract permissions before aping. Most "DeFi" is CeFi cosplay.