After three years of pioneering on-chain experimentation (Ordinals, BRC20, Runes, meme-coins), it's time to acknowledge that, despite intense R&D, we still lack a final fully functional protocol solution; progress without product. Ordinals ignited the ecosystem, enabling on-chain immutable art via satoshi inscription, but struggled under prohibitive inscription costs. Early innovation like BRC69 optimizations swiftly reduced per-token cost, granting high-quality trait inscriptions in Year 1. BRC20 then attempted fungible tokens on Bitcoin. It brought hype but caused UTXO proliferation, mempool congestion, and relied heavily on off-chain indexing and fragile two-tx mint/transfer logic. Runes emerged as a cleaner UTXO-based model, far less on-chain bloat, better Lightning and UX compatibility, and is gaining on-chain traction. Yet network-level scalability limits remain and market confidence ebbs and flows. ICP tokens like Odin Dog (Odin Fun or others) represent an experimental layer on Bitcoin to mediate liquidity constraints. They use bonding curves and AMMs to enable faster trading, but network latency and protocol limits still create volatility. Early adoption showed hype followed by price swings, and recent exploits revealed security risks and liquidity vulnerabilities. These experiments are a critical step toward a final protocol enabling frictionless, secure token exchange. The recent Spark / JOY airdrop is urgent proof: without liquidity pools from the outset, price will oscillate wildly unless devs and community rapidly enable seamless swaps, or we’ll witness yet another Flop on Bitcoin. The core goal must now be true usability: intuitive, fast interfaces and integrated liquidity pools via platforms like Magic Eden, Luminex, UniSat, or independent devs to onboard users unfamiliar with Bitcoin culture. Despite limitations, perseverance paid off. What's needed now is that final protocol, frictionless token exchange plus liquidity pooling on Bitcoin. The first token that nails this will unlock generational value.