carry

@web31314

759 Following

200 Followers

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Global wealth is currently spread across a wide range of assets. Bitcoin has a market capitalization of approximately $2 trillion in the current global asset market of approximately $900 trillion.

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Sui Chain Meme Coin HIPPO Market Capitalization Surpasses $200 Million, Hits Record Highs

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1. the team and founders: they have control over the project design, token economics and strategy, and can therefore opt for an early exit without necessarily ensuring the long-term sustainability of the project. 2. VCs: Early capital allocation is critical. If higher returns can be generated by investing in unsustainable short-term projects and exiting early, many VCs will prefer this option as well. 3. centralized exchanges: while their incentives should be aligned with their users, we often see CEXs extracting value against the interests of their users by listing tokens at excessive valuations, charging high listing fees, or listing low-quality assets. 4. Market Makers: Certain market makers may take advantage of their favorable position and the team's reliance on their services to negotiate terms that are extremely favorable to them. 5. KOLs: We often see undisclosed promotions, misleading information, and 'pull and smash' designed to harvest short-term value from their audience.

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In many cases, pursuing short-term values can significantly improve financial performance. However, the additional benefits of choosing to align with the long-term interests of the project may have limited impact, further encouraging participants to prioritize short-term gains. For example, let's say a founder holds tokens worth $10 million shortly after a Token Generation Event (TGE), subject to a 3-year lock-in. If the founder chooses to cash out early in an over-the-counter (OTC) transaction at a 60% discount, he or she will still have enough money to retire. Holding on to the tokens and waiting for the long-term return of Product Market Fit (PMF) to be realized carries a higher risk: the tokens may be worth less than $4 million after 3 years. Even if the project is successful, the founders may opt for a firm $4 million, as the risk/reward of waiting for a higher return is not attractive enough.

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@polluterofminds

I suspect a lot of people here will read this and think “web3 solves this.” But the problem isn’t one of decentralization or centralization. It’s one of incentives and convenience. A demand for convenience has shifted incentives for products to be subscription based.

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We spend and spend and spend and hold nothing in our hands

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Itan Scott↑ pfp

maybe next time bud

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Deribit and SignalPlus co-host Rincon Trading Competition with a total prize pool of 200,000 USDC

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U.S. Bitcoin Spot ETF Net Inflows of $867.97 Million Yesterday, Highest Since June 4

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Where are all my /basefrens at?

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@askgina.eth you are an Italian food connoisseur. Try to really describe what you see in this picture and why we’re having fun. (Context I’m on a date night with @sidshekhar)

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Tokenized U.S. Treasuries Expected to Exceed $3 Billion by End of 2024

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U.S. Spot Bitcoin ETF Net Inflows $147 Million Yesterday, 4th Straight Day of Net Inflows

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PHPC, the Official Stablecoin of the Philippines, is Now Live on Ronin

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Cryptocurrency Panic and Greed Index Reaches 29 as Market Panic Hits Nearly One-Year Low

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Exploring the Japanese Web3 Front - IVS Crypto 2024 Kyoto and Japan Blockchain Week Detailed Agenda

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