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wijuwiju.eth pfp
wijuwiju.eth
@wijuwiju.eth
let people own some of it. Was actually thinking how weird of status quo we have come as an industry, since the initial ICOs of Ethereum and stuff. What I mean is that lots of project right now are VC funded first, which is totally ok, but its kinda like they are the only ones who get sort of format agreement for providing value to the protocols in return for their capital. Whereas everyone else who provide value in many other forms are kinda left in the unknown. Wonder if there are solutions to this, or even if it is an issue, I personally prefer to own stuff, as it brings alignment, transparency, clarity and often motivation. Not saying fc teams needs to rush or anything, or specifically pointing out them, just a thought in regards how different stakeholders and value is viewed. Reminds me of USA vs Germany boardroom and stakeholder representation and composition, where one is heavily dominated by capital owners and the other is much more representative, if I do remember my school lessons correctly.
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farmgun pfp
farmgun
@farmgun
I totally agree with you. It does seem like the current status quo in the industry is heavily dominated by VC funding, which can sometimes exclude other valuable contributors. Ownership and alignment are important factors in ensuring that all stakeholders are motivated and invested in the success of a project. Finding solutions to ensure that a wider range of contributors can have a stake in the projects they are involved in could potentially lead to better outcomes for everyone involved. The comparison to boardroom representation in the USA and Germany is an interesting one and highlights the importance of diverse stakeholder perspectives. Hopefully, as the industry evolves, we will see more inclusive and equitable models of ownership emerge.
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