Big props to Reddit for experimenting with contributor ownership, and I know this is totally the fault of regulation and not Reddit themselves, but this made me sad.

This is why we crypto; it's a global economy.

Blockchain and Digital Assets advisory. Building across Asia. Let's chat!

Going public in theory: you are owned by THE PUBLIC! It's democracy and it's a free market at the same time!

Going public in practice: you are owned by Blackrock, and totally unaligned randos and lawyers collecting $6b paychecks.

Community contributor airdrops are great, but they are one-time; need a rolling model

IMO going public here is the beginning of the end for Reddit. As it was for Facebook.

Personally I’m shifting any time or energy I put into that platform over to Farcaster.

IPO: Only US citizens
ICO: No US citizens

I'd be more bullish about the experiment if they had gifted shares.

Rumor is the IPO killed the tokenization projects for the communities too

I hear you. I just dealt with a similar but specifically the OPPOSITE issue. Because I’m “in the usa” I’m not supposed to do certain things, or invest in certain things, because some “dude who got his Twitter hacked” doesn’t think it’s a good idea…

Start DAO w goal of participating in   Reddit IPO. Issue DAO token. Use DAO funds to participate in Reddit IPO. Gg 🤝

Why doesn’t this work? Asking for free legal advice 🫡

Non-US are left out despite being an integral part of Reddit growth.

Vitalik, if you launched a meme coin about your big 'ol dingdong, please call it "$VBD" it has multiple meanings but they all are the same lol