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androidsixteen
@androidsixteen.eth
I feel conflicted about the $VVV launch On one hand, I stan Eric Vorhees. He is an OG who has done right by this space for years, and is genuinely one of the good guys OTOH, this launch was poorly executed and not sure why Venice needs a token. Feels like opportunistic marketing, drafting off of DeepSeek attention https://x.com/chadderbiz/status/1884249907743318367
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kia
@kia
if you continue to ask why x needs a token, why z needs its own chain/rollup things will just continue to not make sense if it *can* have a token it will if it *can* have its own chain/rollup it will
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androidsixteen
@androidsixteen.eth
This is a mid take
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kia
@kia
that's what i was thinking about 'why does it need a token'
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androidsixteen
@androidsixteen.eth
Tokenization of everything is a lazy take (send me back to 2021 lol) Frictionless capital formation is a given, duh. But post saturation, meaning matters again. And if you have clout like Vorhees, it feels really dumb to spend that now when you could save it for when capital formation is really needed
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kia
@kia
1. none of the stuff yo mention here refutes needing a token 2. asking if something needs a token is mid because it's the consensus take and it's the frustrated position. it's the frustrated position because it's the wrong question. 3. venice is a revenue generating business. a productive asset. that *can* be owned by group of people larger than voorhees. that ownership *can* happen via a token and not a legal entity. thus it will. it's a world of possibilities (cans) not a world of needs.
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androidsixteen
@androidsixteen.eth
1. Don't follow 2. It's not the consensus take anymore, it *was*. Consensus now is yeet token 3. Not frustrated with if, frustrated with *when*. Optimizing for can when it's premature is dumb business. Time horizon is wrong
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