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Joe Petrich 🟪
@jpetrich
Honest question: how could this possibly need $140M? https://x.com/StoryProtocol/status/1826227872455106967?t=kPkBPeTdhiRA-ROLoOnZ0w&s=19
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Jason
@jachian
About 90% of the time it doesn’t
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Breck Yunits
@breck
Honest question, how can anyone use the term "IP" without choking on their own vomit? https://breckyunits.com/freedom.html
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Joe Toledano
@joetoledano
I'd guess the large amount of VC money is, to some varying degree, an indicator of the demand among GP's for large-scale token arbitrage opportunities? Not aiming to discount the team, vision, or company at all - this just seems like the predominant investment model in this space
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christopher
@christopher
probably marketing and content costs
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notdevin
@notdevin.eth
There’s either a joke about buying users or UBI in here
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redec.base.eth🐲
@redec
This one's called “selling air.” Look at zksync. They raised 458m plus crazy revenue from farmer. Where are they now? https://www.theblock.co/post/311907/zksync-eras-daily-revenue-plummets-99-post-airdrop-highlighting-layer-2-market-struggles?utm_source=twitter&utm_medium=social
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Trashpirate
@trashpirate.eth
Also, what a stupid name for a blockchain.
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dev
@frag.eth
20m for a banger domain
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0xUmaroff
@umaroff
They need some money to built a foundation for next financial pyramid project
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