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.

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

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