brypto

I feel conflicted about the $VVV launch

On one hand, I stan Eric Vorhees. He is an OG who has done right by this space for years, and is genuinely one of the good guys

OTOH, this launch was poorly executed and not sure why Venice needs a token. Feels like opportunistic marketing, drafting off of DeepSeek attention

🚨 Insider Trading on Base 🚨

How a @VelodromeFi / @AerodromeFi contributor just banked $1M in 1 hour during the $VVV launch while we all watched like clowns. 🤡 (Thread) 🧵

Chadder

I feel conflicted about the $VVV launch

On one hand, I stan Eric Vorhees. He is an OG who has done right by this space for years, and is genuinely one of the good guys

OTOH, this launch was poorly executed and not sure why Venice needs a token. Feels like opportunistic marketing, drafting off of DeepSeek attention

https://x.com/chadderbiz/status/1884249907743318367

My thoughts on your counterpoints:

1) Token is onchain-native marketing. Venice needs to market to succeed

2) The screenshot for airdrop was 12/31… could DeepSeek specifically been in mind then?  IMO, smart to launch into news around one of the exact problems you exist to solve (this would be like Drakula launching on news of TikTok ban)

playing /bracket, assisting /bracky, talking /greatbooks

Yeah I’m just noting that they were planning something for a bit at least. Not just rushed together due to deepseek.

Why is opportunistic marketing bad btw?

1. Agreed, but this is the most expensive marketing you can do (costs significant reputation and opportunity cost)

2. You can snapshot past dates even if you make the tactical decision in the future