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tomu
@tomu.eth
on DAOs, i never understood why an investor would put money there. governance tokens don’t make sense, and you’re basically giving your capital to a bunch of friends on discord to make proposals for some 'public goods' ideas they had, but no one in the community actually votes on memecoins, at least you know it's a liquid market for quick profits - just vibes, nothing serious
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proxy
@proxystudio.eth
its all timing and narrative plenty of solid tokens that came out of DAOs, and a huge market sector of memecoins that make it for timeframes that are relevant to the users who buy them this isn't condoning anything or saying people should buy memecoins (they already are, regardless)
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tomu
@tomu.eth
what are some of these DAOs?
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