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

Crypto: “Onboard retail to tokens.”

ETH/Base: “Bring the world onchain.”

^ Simplest way of describing why I love building on Base.

playing /bracket, assisting /bracky, talking /greatbooks