Explore the value of establishing a crypto rating system akin to traditional finance in the latest blog by @leohenkels. The piece argues that most tokens are mispriced and critiqued for poor governance and insider control. Awareness serves as the first step toward creating better tokens.

Hey everyone, please don't crucify me, but I published a long-form piece about governance and used $ZORA as an example. I don't necessarily agree with the model, and I published a critique about it. 

I think about governance a lot, and have for the past 3 years while I've been @midao. I'm not an expert, but I care deeply about this stuff and I just wanted to get my thoughts about governance out there in a blog post. Feel free to roast me or ask any questions below.

Creating the best legal & regulatory frameworks in the world for digital organizations and digital assets

someone-build

Helping build @midao. Probably on the water if I’m not thinking about crypto. /eagles /betting /off-grid

hard agree /someone-build 

> Industry would greatly benefit from a crypto-native rating agency like Moody's that can assess protocol risks and project tokenomics. Trust gap is a key barrier to growth

I agree. It’s really hard to do. 

How do you monetize? What metrics do you use? How do you ensure credible neutrality? 

One things for sure, I’d be rating A for any Clanker tokens, or tokens launched using Meta DAO on Solana.