Vitalik Buterin pfp
Vitalik Buterin
@vitalik.eth
What are some properties that a token launch should have for you to consider it ethical / values-aligned and not decrease your excitement for the project?
62 replies
238 recasts
1181 reactions
Idan Levin 🎩 pfp
Idan Levin 🎩
@idanlevin
Lots of good answers here, one is missing: Transparency around the market making. Many projects are closing obscured deals with market makers, which create tokens market that are artificial. It can include low circulating supply. All these deals details are not public
1 reply
1 recast
10 reactions
Harper pfp
Harper
@harpcaster
If the project relies on Ethereum it should allocate some portion of tokens to the protocol guild.
1 reply
0 recast
9 reactions
Sassal.eth 🎩⛽ pfp
Sassal.eth 🎩⛽
@sassal.eth
Airdropping a decent chunk of the initial supply to solo/home stakers is a must imo because these users are some of the most engaged and aligned in the Ethereum ecosystem. Also donating 1% to the Protocol Guild is key. https://warpcast.com/sassal.eth/0x6a351028
1 reply
0 recast
2 reactions
Kitty.International pfp
Kitty.International
@kittyintl
As a dev - I want to be able to able to make cats have sex with each other - ideally with a prostitution layer so I can pimp my cats and make sweet eth.
1 reply
0 recast
0 reaction
milos 🎩 pfp
milos 🎩
@m1los
For me, an ethical and values-aligned token launch should prioritize transparency, community engagement, a legitimate use case, decentralization, sustainability, security, legal compliance, ecosystem development, social responsibility, and anti-scam measures
1 reply
0 recast
0 reaction
valle.xyz pfp
valle.xyz
@vallexyz
Why are the ethics around a token launch diametrical opposed to the ethics of equity financing for startups? At startups it is always 100% cap table, all shares locked for years. Can there be a middle ground?
1 reply
0 recast
0 reaction
Emil pfp
Emil
@hungf
Token launch ethical / values-aligned? What century are you living in? This is the era of FOMO, rug pull and pump and dump. 😂
1 reply
0 recast
0 reaction
Owocki pfp
Owocki
@owocki
funding public goods w some % of the treasury
0 reply
0 recast
20 reactions
nir.eth 🌿🟣🐦☁️ pfp
nir.eth 🌿🟣🐦☁️
@nir
it serves as actual ownership in the thing it represents rather than LARPing as ownership or serving as a meme/status symbol for the thing.
1 reply
0 recast
4 reactions
polynya pfp
polynya
@polynya
>50% supply circulating when transferable <33% total supply to insiders (team, investors, partners, MMs etc.) Bias distribution towards known (pseudonymous fine) contributors and users, over random airdrop farmers with arbitrary distribution criteria Reality, typical launch today- 10% circulating supply, 50% insiders
2 replies
5 recasts
99 reactions
Coop pfp
Coop
@coopahtroopa.eth
- Min. 3 year vesting for insiders - Less than 33% to the cap table - Clear separation of power between labs and foundation - Strong set of core governance delegates - Clear product roadmap of how the token interfaces with the product / protocol - Thorough comms on core values and purpose of decentralization
3 replies
3 recasts
61 reactions
Eddy Lazzarin 🟠 pfp
Eddy Lazzarin 🟠
@eddy
Seeing that the originators of the project, and those receiving tokens, are locked up for a long time (at least one year, ideally 3+) is a good, basic indicator that the project is serious. A <1 year lockup is a big red flag.
1 reply
1 recast
41 reactions
Eylon 💨 pfp
Eylon 💨
@eylon.eth
I think the baseline - at least a year cliff, 4yr vesting schedule (preferably 8yr but I’ve been laughed for this) - 50% of the tokens distributed for non insiders (LM, Airdrops, other protocol KPIs) - Purpose in the protocol, tied to its success, as opposed to just “governance token”
0 reply
1 recast
28 reactions
Salvino Armati ↑ pfp
Salvino Armati ↑
@salvino
Radical transparency around investor allocations / unlock schedules. - if you raised funding, what were the entry prices of those investors? - what are unlock schedules for investors/founders/employees? are unlocks happening onchain?
1 reply
0 recast
19 reactions
Deployer 🍖🎩🧾🐹 pfp
Deployer 🍖🎩🧾🐹
@deployer
Ham
1 reply
0 recast
11 reactions
Paul Razvan Berg pfp
Paul Razvan Berg
@prberg
The airdrop should be vested.
1 reply
0 recast
11 reactions
▫️Onyx 📚 🎩 pfp
▫️Onyx 📚 🎩
@cipherscript.eth
- Transparent funding and fair token distribution, ensuring accessibility and security through audits. - Real utility within the ecosystem, not just for speculation, with a strong environmental and social conscience. - Inclusivity and positive societal impact as core values, fostering trust and sustained enthusiasm.
0 reply
0 recast
10 reactions
petar.xyz pfp
petar.xyz
@petar
I may be bias but I think the launch of $DEGEN was probably the best token launch in awhile.
1 reply
0 recast
8 reactions
notqz🎩 pfp
notqz🎩
@fishbiscuit
For one more transparency on token allocation and utilisation would be great I remember when arbitrum foundation allocated some to themselves and kinda bypassed governance, that really angered the community for a bit (though it could have been mitigated if explained earlier)
0 reply
0 recast
7 reactions