Vitalik Buterin
@vitalik.eth
What are some properties that a token launch should have for you to consider it ethical / values-aligned and not decrease your excitement for the project?
163 replies
275 recasts
1190 reactions
polynya
@polynya
>50% supply circulating when transferable <33% total supply to insiders (team, investors, partners, MMs etc.) Bias distribution towards known (pseudonymous fine) contributors and users, over random airdrop farmers with arbitrary distribution criteria Reality, typical launch today- 10% circulating supply, 50% insiders
6 replies
5 recasts
86 reactions
polynya
@polynya
I'm being realistic here, the days of 10% insider allocation, 100% circulating launch are long gone. But the predatory extremes established by SBF & cabal at <10% circulating and >50% insiders being the standard idustry-wide today is pathetically ethically bankrupt
3 replies
2 recasts
46 reactions
polynya
@polynya
On a related note, https://twitter.com/apolynya/status/1636378048424730636
0 reply
0 recast
13 reactions
Patrician
@0xpatrician.eth
Polynya! I had no idea you were here, awesome 😎
1 reply
0 recast
3 reactions
Armada
@armada
Yup, the current situation disgusts me. Screwing over the guy on the street because of a privileged class of accredited investors (VCs). It goes against crypto values and it's class war.
0 reply
0 recast
0 reaction
llihwerd
@llihwerd
this is a great foundation for airdrops to build on. would love to see more teams move heavily in this direction
0 reply
0 recast
0 reaction
Ross
@rosspfeiffer
✍️
0 reply
0 recast
0 reaction
0xakina
@0xakina
https://warpcast.com/0xakina/0xf160715e
0 reply
0 recast
0 reaction
