Paperhanding is a pronounced phenomenon in crypto. 

Having both >1000x opportunities AND liquidity makes this difficult. 

In venture there isn’t anywhere near as much liquidity, so it’s easier to invest with the assumption it’s a 0 or 1000x and do nothing in between (you’re forced into this position) 

In crypto it’s a much more active and constant consideration, in an extremely noisy environment.

paperhand protocol:

you buy tokens through it, and it auto locks some % of your balance over different time periods.

e.g. 10% for 3 months, 10% for 1 year, 10% for 5 years etc etc. 

Set and forget.

Memecoins but with every purchase 10/5/2% gets immediately locked up and cannot be sold for 30/60/90 days. 

PVP is probably not the worst thing, but we need mechanics for protecting each other in a pvp game. 

Less dumping on your friends, more skin in the game.

Chasing Curiosity. Empathetic Accelerationist. Founding Fullstack Engineer @icebreaker. YC S16, KB7. 
icbk.me/tayyab.fc

Maybe we’ll get a paper hands memecoin launcher. But doubt people will adopt. 

Maybe better for true community launches.