Content pfp
Content
@
1 reply
0 recast
2 reactions

Cassie Heart pfp
Cassie Heart
@cassie
This week, Q Inc has changed course with speaking with investors. Given I receive a lot of cold opens from investors on Farcaster, I would like to share that change with everyone publicly, and why. Moving forward, we refuse to even begin conversations with funds who have ever (or intend to) engaged in token warrants. It is clear our values and beliefs are diametrically opposed, and this is a far easier filter to save ourselves the time. It has been a long path to fundraising principally because we are operating from a perspective that as a company collaborating on a fair launched project, we can not and will not do token warrants. Despite being upfront about this, this topic has resulted in a lot of time wasted in talking with crypto funds, because they do not believe equity has a path to return for them, and ultimately decline. This is very telling because if they don't believe the company will be successful what use are the tokens, unless...?
107 replies
262 recasts
717 reactions

Tyga pfp
Tyga
@tyga
I want to say, thanks @cassie for having our backs. The amount of toil and time node runners have invested into running nodes and figuring out this ecosystem... It would piss me off to no end (and kind of does that there are people who would want to do this) to learn that I had to earn my tokens the hard/right way and somebody was allowed to come in, buy a massive bag at discount, and then devalue all of the work node runners have done. And then to try claim they are pro-crypto 🧐 If they want tokens, just run the servers like everyone else. If they believed in the token, it's the same concept as buying a chunk OTC, it is just earning over time... Oh, wait... They aren't here for the network.
0 reply
0 recast
14 reactions