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@goldy
OK my thinking has evolved (was probably midcurving as usual) » a canonical fractionalised token could be an amazing tool to reward builders, making good use of our treasury Nouns, & adding liquidity and fidelity. » a memecoin is like any kind of proliferation or derivative: copies make the original more valuable.
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Distributing native token through rounds definitely feels good but really do wonder if there’s some subtext here of trying to tap into a retail hype cycle. 🦈 🩸 Imo very likely small investors will pay a premium in bull and sell at a discount to NAV in bear same as $shark
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Is there a way to create a real fractional ownership pathway that has open trade without creating an opportunity for degens to degen? To a reasonable degree we can’t hold ourselves responsible for others behaviour. Same goes for any form of large distro minting like droposals?
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