Explore the value of establishing a crypto rating system akin to traditional finance in the latest blog by @leohenkels. The piece argues that most tokens are mispriced and critiqued for poor governance and insider control. Awareness serves as the first step toward creating better tokens.

Hey everyone, please don't crucify me, but I published a long-form piece about governance and used $ZORA as an example. I don't necessarily agree with the model, and I published a critique about it. 

I think about governance a lot, and have for the past 3 years while I've been @midao. I'm not an expert, but I care deeply about this stuff and I just wanted to get my thoughts about governance out there in a blog post. Feel free to roast me or ask any questions below.

Creating the best legal & regulatory frameworks in the world for digital organizations and digital assets

Helping build @midao. Probably on the water if I’m not thinking about crypto. /eagles /betting /off-grid

i love when people think deeply about things; can’t wait to read

helping build farcaster | surfing @ venice, ca | eating @ gjusta / gjelina | “lucky me, lucky mud”

Thanks! It's my first long piece of writing in a while, so I was scared shitless before publishing