If we want better apps, we need better incentives. Investors and founders shouldn’t be getting exits through liquid tokens if there’s been no meaningful, sustainable traction. Success should be DAUs & meaningful adoption, not launching your token at the right time.

Research Director @ The Block. Your source for anything related to Blockchain VC/M&A activity. Formerly @ Messari

Explaining complicated things in simple words. Contributor to blockchain newsletter project: https://www.blockswithbenefits.com

The major difference is with traditional VC - startups rarely have the ability to exit (IPOing, acquired, etc.) and it’s typically on a long time horizon. Whereas with the crypto, if there’s a token, TGEs offer a way for a liquidity event and an exit, regardless of how well the project has performed

100%! Related question though: how is a token launch so different from an IPO? Lots of listed companies are still fine post-IPO.

That's why Superfluid's Streaming Programmatic Rewards work as they do. Basically it incentivises the users of applications built on Superfluid

So if you build with us, we will help direct attention towards your app!

Been saying this forever. Build a solid product that people use, THEN launch a token

some new trend and ‘scary’ story: protocols that have found pmf are doing both tge and ipo