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Stephan
@stephancill
Real talk - opportunities like ethereum disappeared after we stopped doing ICOs Today every “opportunity” outside of memecoins is just cabal/VCs preparing to dump on you https://x.com/amandacassatt/status/1858007819020284407
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links 🏴
@links
Those opportunities exist, they just aren’t as easy to ape into right now.
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Stephan
@stephancill
Say more?
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links 🏴
@links
ICOs were awesome, but considered securities, so they aren’t practical for smaller, unfunded groups anymore. So those groups are figuring out other ways to do it. Higher was made to be decentralized so no central treasury, but the initial LP funders worked to get attention and buyers now have millions in their bags they can deploy to create more attention. There’s an opportunity there and NOW relatively easy to get involved. BCard went the non-profit route (we have patrons not investors) and deferred distributing tokens. There’s an opportunity there but not easy to ape into. There are big ideas in this space (and big risk), but opportunities do exist! Agree most of them are as you described above, though.
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Stephan
@stephancill
Totally agree With that being said there’s something pure about ICOs that is missing in today’s fundraising landscape. I’m hopeful that regulation will catch up eventually and we’ll land on a decent compromise that protects investors and projects alike while maintaining the original spirit
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Samuel ツ
@samuellhuber.eth
/quilibrium
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Stephan
@stephancill
👀 say more?
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Samuel ツ
@samuellhuber.eth
Read the thread above the quoted cast https://warpcast.com/cassie/0xcc4e8fd4
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