Early .eth holders spent millions on registrations and renewals believing they were funding the decentralized future of internet identity.They were sold “the next .com,” “own your name forever,” and “no one can take it away.”

Fast-forward to 2025:

• Their renewal money is now bankrolling competing namespaces (.ens, DNS bridges, ICANN applications)
• The market for .eth names is dead
• And anyone holding more than one domain gets called a “squatter” by the same team that cashed their fees.

This is not another polite ENS update.This is the raw, unfiltered story of how ENS Labs and the DAO took the loyalty, time, and money of the earliest believers, built a $100M+ treasury on their backs, and then turned around and spat in their faces.

No sponsors. No fluff. No coping.Just receipts, old tweets, on-chain data, and the hard questions nobody on the team wants to answer.

If you ever renewed a premium .eth name, felt the market die, or got labeled a squatter while watching your bags bleed, this episode is your therapy session… and your war cry.

Welcome to the ENS betrayal.You paid for it. Now hear the truth.

#ENS #Ethereum #Web3 #CryptoDrama #SquatterRevolt