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Gami 🌐 IMF Credit Cartel
@gami.eth
funny how most token founders make loads of assumptions up front for their tokenomics then they stick to them religiously and are rendered almost entirely unable to adapt i’ve learnt from selling about 50k open editions on zora that flexibility can be profound applying my learnings to /members-only member go up
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Dillon 🎩
@dillc
is the US constitution flexible or nah by this standard
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Gami 🌐 IMF Credit Cartel
@gami.eth
not sure distribution design of tokens maps to founding principles of a nation state. please say more
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Dillon 🎩
@dillc
not a great metric but let’s just use mcap or even tx volume as proxy for “size”, by those metrics, BTC / ETH larger than many many nation states. counter to that is to say, onchain gov is not all encompassing like a nation state
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Dillon 🎩
@dillc
all to say, I don’t think it’s so categorically wrong for token founding principles to be held sacred to if u believe the protocol will scale or become so important. the DAO hack a v important values / founding moment for ETH
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Gami 🌐 IMF Credit Cartel
@gami.eth
great points, but i’m specifically talking about working out distribution on the fly, so one can adapt to how the market receives their idea ie. pie chart doesn’t need to be sacredly written in stone
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Gami 🌐 IMF Credit Cartel
@gami.eth
founding principles of a protocol are essentially the rules of the game and by all means, they should either be held sacred, or governed in a way that makes sense to the long term vision. my example is a meme token. a market for attention essentially. not as serious as your example. but not a bad thing ofc 🫂
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Dillon 🎩
@dillc
then makes sense, I read tokenomics and added in gov there still I’d personally err on immutability. But I get u ser 🦍✅
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