brypto

Ah yes, who should bear the cost -- professional investors who after doing diligence, decide to bet on an early-stage venture knowing full well that the majority of investments won't return money?

OR unsuspecting retail audiences?

Really a tough moral quandary 🙄

Seems there's a debate between the ethics of:

1. Project doesn't find PMF and winds down without a token giving their investors a loss.

2. No PMF, launch a token anyways, buy an ecosystem, and pump the token with OTC liquid deals so investors get exit liquidity through retail.

Josh

Ah yes, who should bear the cost -- professional investors who after doing diligence, decide to bet on an early-stage venture knowing full well that the majority of investments won't return money?

OR unsuspecting retail audiences?

Really a tough moral quandary 🙄

https://x.com/Jskybowen/status/1896612643584328067

in the 2nd case the token is the product that achieved pmf - the market is looking for something to bet on and the token provide that betting venue. The actual "product" in the 2nd case is just an advertisement tool for the token. 

definitely a lot more morally questionable though.