Comment by EGreg
I am not sure what you read that said any of the things you asserted in the "Edit" section. None of that is true. The token doesn't even exist yet. There is no "rugpull" possible in any event.
But I think this illustrates perfectly what I said originally. Context matters. The context on HN is "I see a word that triggers me (token / web3) somewhere and I immediately assume all these things I haven't seen or read, and forget about anything you actually did."
That's why it is very important how you present things. The original Facebook was just a bunch of profiles in php. And yet people used it like mad and investors camped out Zuck's dorm room. It's not so much about what you build but how you present it.
You are focusing on technical details too much, I don't think any of the initial Facebook users cared if it was php or not, they cared about what they saw on the screen.
While presentation definitely matters, the product itself has to be actually interesting (especially on HN). For example, current HN's top post is about Anthropic - and I don't even know what their stack looks like!
On the other side, if the product's is Yet Another PHP Framework then your target audience is (1) PHP developers who are (2) unsatisfied with existing frameworks they know and (3) willing to spend hours to try the unknown thing. This is a pretty narrow category.