Armada

@armada

17 Following

23 Followers

Armada pfp

I don't care what the VCs say.....at the end of the day retail will wise up to what they are doing (extracting 90% of the profits pre-launch) and retail will take a stand and say "NO MORE, YOU WILL NOT DUMP YOUR COINS ON ME ANY MORE" and the disgustingly extractive VCs will have to back off.

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I will not own any coin with >34% allocation to insiders (team & VC) and preferably <17%. I do not accept less than 1 year lockups and vesting periods must be at least 3 years. I do not tolerate projects designed to funnel practically all profit potential to insiders, that's just a monstrous version of TradFi!

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Yeah shame that the word Stark makes people think of a project where 50% of the supply is owned by insiders.

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Boycott all coins that have over 20% allocation to insiders (team & VCs). The current state of affairs is ridiculous and is a wrench in the flywheel that drives crypto.

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Incorrect. It is the people with children who aren't in shape.

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gm and happy sunday

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Of course he's not Satoshi. I knew that the first time I heard him open his horrible, arrogant, fraudulent mouth.

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Congratulations on your child free lifestyle and perfect weekend!

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Surprised that many people go to China or especially Turkey.

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That's interesting in itself. Is that because Farcaster users tend to be more experienced and knowledgeable in regards to crypto? I think Solana attracts people who have spent less time studying crypto, potentially on their first cycle trading memecoins....

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Ethereum people have a 3D understanding of crypto and Solana people have a 2D understanding. In the 2D world of fees, speed and 'now' Solana is right, but in the 3D world of decentralisation, durability and adaptability Ethereum is right. I'd bet Solana people on average have seen less cycles and coins come and go.

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Kendrick because of explaining the bigger picture network effects, not just the technical.

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Biden has shown his anti crypto stance with the veto. Biden and Warren, the two person anti crypto army.

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Like VCs extracting all the profit pre-launch. At least the lions share, majorly skewing the likelihood of outcomes for the general public towards loss rather than profit. Can crypto survive a cycle where everyone (except VCs) loses?!

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Would this work even for me?

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There's no economic incentive to tip, only to be tipped. I'm also a bit salty because I posted my infographics and got nothing, not even a like (removed now).

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There's no benefit to tipping though, right? The only one that benefit are the ones that get tipped. It's a good system but that's how I understand it.

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Yup, the current situation disgusts me. Screwing over the guy on the street because of a privileged class of accredited investors (VCs). It goes against crypto values and it's class war.

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Bitcoin, Ethereum and Solana all launched with low floats. Low float isn't a problem, but high FDV is. Plus the shadow markets are horrendous.

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I love this project, but the token issuance mechanisms do not appear decentralised to me. In particular the community and the coder allocations, because you need a human hand to decide those, I don't think it can be written into a decentralised protocol.

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