Party

Making crypto multiplayer. create.party.app

PartyDAO seems to have barbell PMF:
- half are communities playing crypto in coop mode (eg. higher collective, merc capital)
- half are grifts (eg. ticker, boredcaster)

The grifts are all token pre-sales, which begs the q - why does the @partydao team promote this use case? Seems like it's not mapping to good outcomes

not 100% certain, but has all the tells:

- raised an absurd amount of money ($5M+)
- token chart looks like death
- hasn't mentioned it once on Twitter: https://twitter.com/BoredElonMusk
- brand is all low effort AI generated images
- look at the replies to this cast: https://warpcast.com/boredcaster/0xe6c9ea44

Unlearning. Full time product manager. Part time builder/tinkerer on farcaster. Bots: @nftsoffc.

boredcaster is a grift? why do you say that?

Degen

I’m sorry but using Party to launch tokens is now a red flag for me. Watching creators get control to execute arbitrary proposals begs the question why we even need a smart contract in the first place.

Seems reckless and irresponsible to keep promoting this as a viable option.

Expressed these same thoughts a week-ish ago. Was told there’s some safety upgrades coming soon.

Making DeFi accessible to everyone - building @starta | /9to5dotmeme on the side FID 675

Well, IMO it's less about warnings, safety upgrades, or becoming unruggable

It's simply that ICOs or capital formation absent any discussion of how to deliver value is inherently flawed

Promoting money pooling without consideration for *what* the money is used for is kind of bunk, irrespective of safeguards

Expressed these same thoughts a week-ish ago. Was told there’s some safety upgrades coming soon.

https://warpcast.com/hlau/0xf1583ab4

Ticker is clearly an outlier given that it was literally a scam by a malicious host.

I understand token launches can probably all be considered grifts, but some notes on our token launcher + parties who use it:
- way safer & more transparent way to launch
- unruggable liquidity
- has a DAO that works for the token