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@juli

920 Following
4354 Followers


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Seeing the Hype Talk about the new Believe App, their /bankrbot copy & /clanker volatility farming copy on Twitter is a good reminder for 2 things. 1️⃣You can rerun every bullshit 10 times in crypto because people forget, don‘t know better &or just celebrate copycats as gamechanging breakthroughs to make money. 2️⃣(Clanker (eco) Model aka) farming volatility / trading can be a strategy to launch & bootstrap but it’s not a sustainable business model / revenue stream (except for clanker & clanker frontends maybe). You need a real Business Model for your token project or at least some additional revenue streams afterwards - if you want to build more than a 0 value meme. Would be ironic to make it to coinbase and then have 0 revenues to further develop the project? 😄 Ps: @kienfam you named your project Well. Clout remaining to your original name is a big compliment 😄 https://x.com/nikitabier/status/1916995339732602916
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I assume there’s People holding 10$, 100$, 1000$, 10000$ of your $2m shitcoin & it may be a significant amount for them. I believe crypto founders (of a serious Token project) have an obligation to protect Token holders AND other stakeholders until the end - even if $2m isn‘t much for you - by A) openly communicating B) no sudden changes that risk losses and C) clear plans that reduce uncertainty. In this case - a 10% or 50% drop from $2m can be absolutely devastating - even if the shitcoin lost 95% before - simply announcing that the snapshot for a new token has been taken would have been enough to protect all current holders (> depends on dilution with the new coin) - better communication about the future of moxie (no recent promo of new moxie Features) could have prepared people & saved them money Ofc You‘re free to pivot, to change your cap table, to change your project & Token - but for me it‘s clear to not invest in founders that don‘t take care about large or small stakeholders.
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