MagicBlock x Fast Poker
Just wrapped a great call with MagicBlock and the road ahead looks bright.
We're working together to make sure Dealer Nodes run flawlessly. Already mapped out several ways to improve the stack on both sides, and we're aligned on scaling this the right way.
The plan: take the weekend to monitor everything end to end. Monday 12PM EST, Dealer Node software goes live and Dealer Licenses start earning.
so let me get this straight
in the last cycle
people didn’t know whether or not
launching a token
would be totally chill
or would be totally jail
because the SEC wasn’t willing to establish modern rules
so to be safe
don’t launch a fungible token in a US jurisdiction
get really good lawyers
who will tell you how to navigate
a mission impossible laser room of jurisdictions
so you don’t get in trouble with your little coin
then someone you don’t know
and will never meet
will launch your token’s smart contract in BVI or Panama
or wherever it’s chill to do that
so ‘you’ didn’t launch it
for tax purposes the token will get appraised at de minimis
so you don’t get fucked on taxes with a fortune of phantom income at tge
treasury is managed off-shore
by a ‘Foundation’
put a DAO in front to advise the Foundation
on how to distribute a token
by voting on different proposals
people organize
beauracratize
and participate in a
pure democracy where the richest people have the most votes
and winners get free money?
but at least that’s a reason to buy the token
builders try really hard
get disillusioned by proposals
get scorned by other participants
get blamed when its not working
pitchforks
dissolve dao
but then rich people holding tokies to control the ballot have no reason to hold
market sell
price down only
everyone jaded
all because
navigating a grey zone legal landscape
from washington beaureaucrats who didn’t want to set a clear policy
tokie ATL
but now
new leadership
is autistic at simplifying
and thinks a bunch of shit doesn’t make sense
and is going to tear down and rebuild
and streamline everything until its coherent
did I get that right?
How’s everyone enjoying their “rate of interest” on their @MoonlingsNFT ?
Also, looks like Perp got a raise! Must be working really hard! Congrats!
The slow drain continues.
Hey @lazerow what do you think about this guy bragging about stealing money from you and your fund? Kind of a bad look for you. @dickc@adambain
https://t.co/BgOp4KtYTO
And now you’re a broke, degenerate gambling loser who’s quite possibly the worst operator in history larping as some successful businessman. @Gfunkera86 https://t.co/52Dzo7VCn3
Because at the end of the day, we just want what’s best for the community, this is an open invitation for @Reef_X_ and/or @perpetual_cgi to explain their plan and work out a way forward. Our doors are open to civilized discussion.
If we don’t hear from you in due time, we will assume you have no intention of reaching an amicable compromise and will proceed accordingly.
THANK YOU FOR YOUR ATTENTION TO THIS MATTER
— 2.0
"The Moonbank is a community treasury that, with your input, we will determine how to further our mission objectives."
We have already covered a previous thread that this is no longer the case. @Reef_X_ and @perpetual_cgi have decided that the Moonbank is now their personal piggy bank and have resorted to banning anyone who asks legitimate questions about the project's status.
The community has spoken loud and clear: they no longer want their COMMUNITY funds held hostage by people with no intention of delivering value.
With that said, the community proposes that @Reef_X_ and @perpetual_cgi use the remaining funds to bid $100 per Moonling for a period of no less than 6 months. The community also requests that this offer be made known to everyone, with notifications in the Moonling Discord, tweets from the Moonling Twitter, etc. @Reef_X_ and @perpetual_cgi should also stop taking salaries immediately.
If you sent a Moonling to the 2.0 wallet, you will be sent back $100 per Moonling.
We are asking @Reef_X_ and @perpetual_cgi to do the right thing by the community and stop holding the funds hostage. This is a community project, not a Jed and Perpetual project.