Yitong
@yitong
Imo one of the big opportunities in crypto right now is to figuring the new meta for project tokens. Current model of Seed → A → B → high fdv low float erc20 airdrop is broken and down only for 99% of projects. The naive solution of "just launch a liquid erc20 from the start" is likely incorrect. Having a low liquidity, tradable token creates the incentive for teams to turn their token price into the product. Imo correct approach balances: * Early onchain existence (have a token at seed) to integrate with onchain infra * Progressively more liquid in a controlled fashion (akin to secondaries) as project matures * Whole process is about as easy to manage as Carta I know this is a boomer take, but i just don't see 100x more companies wanting to go onchain if they have to enter the casino on day 1.
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lucky
@lsankar.eth
wdym 'enter the casino'? be exposed to market volatility?
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MJC
@mjc716
yea the problem with this take is that project launch is often the only time you can generate enough attention to break through the noise so if you willingly forgo it, you’re shooting yourself in the foot wish it wasn’t that way
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albert
@thatguyintech
definitely interesting opportunity in figuring out the playbook
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~tocwex.syndicate
@tocwex
what you are looking for are syndicates. currently only accessible to people running urbits. get on the network and join ~tocwex/syndicate-public to learn more.
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Monteluna
@monteluna
The problem is Gensler was so hostile, instead of everyone developing a framework that worked, he hit everyone with a lawsuit so now all teams go offshore. Offshore if you aren't liquid by day 100, no one will invest in you.
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Jordan
@ruminations
@codyb.eth
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cody
@codyb.eth
Can you expand more on your approach? What do you mean by have a token at seed? What kind of token?
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steady
@steady
💯 the entire industry is functionally wearing blinders about what is possible in the token design space. every token doesnt need to be liquid, or even fixed supply
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