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Eric Arsenault
@erico
Despite the early promise, crypto has failed to disrupt early stage financing. If you’re a founder or creator who HAS raised or WILL raise capital, this thread is for you ❤️ 🧵👇 1/4
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Eric Arsenault
@erico
Entire businesses can now be built in a Frame, leveraging existing protocols (Farcaster, Lens) communities ($DEGEN, $BONSAI) and tools (Frames.js) Who's gonna fund Frames, Channels, and silly games that could turn a profit? ⚠️ Many are NOT venture fundable ⚠️ Grants are PAINFUL ⚠️ Tips don’t cut it 2/4
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Eric Arsenault
@erico
Capital formation should be more social, transparent, and meritocratic - while solving issues like this funding gap Today we launch Fundraising Frames via @ventureclub ✅ Raise using any ERC20 ✅ Gate using onchain credentials ✅ Fully transparent and compliant ✅ Live on Farcaster and Lens 3/4
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Brais.eth
@chi
You said "crypto has failed to disrupt early stage financing." Nevertheless, In what sense are the ideas you mentioned different from crypto?
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Eric Arsenault
@erico
Not sure I understand your question. What we are trying to do at venture club is make early financing more transparent, accessible, meritocratic
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Brais.eth
@chi
It is confused to me because at the end of your post, you said "crypto has failed to disrupt early stage financing." But then, the recepi includes Farcaster, Frames, Tokens...so it is crypto, right?
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Eric Arsenault
@erico
Yes, this is crypto
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