Founders

we’ve seen so many project founders drop tokens from their personal or project accounts under the guise of “experimenting.”

they’ve built brand followings and they wanna reap the benefits [read: exit liquidity + token fees]

and yet they also want the protection afforded by the blanket CYA phrase “just experimenting” for when the token inevitably goes to 0. 

but you can’t have it both ways without it looking like a cash grab. 

reputational damage is simply not worth it imho. 

“just testing” or not, you’re forever tied to that token, and more importantly, the decision to drop one in the first place. 

and to be clear, i’m not saying no founders or projects should have tokens, obviously. but study intent. study behavior. study integrity. 

there are, in fact, lessons in there.

with little to no friction to launch tokens, projects and founders real currency is trust. 

experimentation is fun, necessary, and a big part of crypto. but it’s become a term used to excuse value extraction. 

i think a larger consequence of this is that projects/founders that launch a token to gauge interest in a experimental idea end up facing undue pressure to deliver tangible results on aggressive timelines or face fud from holders. 

which can erode trust for the project and founder despite how much time they’ve spent trying to build/experiment with something new or innovative.

49 countries and counting | from: /kauai love to: /adventure | previously @overpricedjpegs

said differently: 

https://warpcast.com/kagami/0x259d489e

Creating brand magic w/ startups & memecoins @byronfive | Ops expert 👧🏻 👧🏻 👦🏼 | NYC or nowhere🗽| Prev Co-founder COO/CMO @snickerdoodle, Citi, Amex

Experimenting with other people’s money

Moderate-to-severe symptoms.


Writing a book /mirror-loom : https://paragraph.xyz/@mirrorandloom/

if you're testing, do it from an anon account. with interface, wallet tracking, etc etc you know people will ape first and ask questions later.

If you are "just testing" you should never sell any.

agreed.

this type of experimenting puts the founder under more pressure, which can be good but also bad as it might alter decision-making process