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?
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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
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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
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polynya
@polynya
On a related note, https://twitter.com/apolynya/status/1636378048424730636
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Patrician
@yrael
Polynya! I had no idea you were here, awesome 😎
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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.
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llihwerd
@llihwerd
this is a great foundation for airdrops to build on. would love to see more teams move heavily in this direction
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Ross
@rosspfeiffer
✍️
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0xakina
@0xakina
https://warpcast.com/0xakina/0xf160715e
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