Finance just became more accessible.
@Librecap on Solana lets you invest in alternative assets like private credit funds with $10k, not $250k+ — all from your phone.
This is finance for everyone 🧵
PPP Part 4: The Normalizing of PVP
One thing that astonished me recently is how normalized PVP behaviors have become recently, and how many people have started accepting them as “business as usual”
1. Giving investors and marketers terms that allow them to instadump on the community, or not pushing back when these predatory terms are requested.
2. Promoting tokens as great holds and great communities with the intention of exiting the very next hour or day whenever convenient (lots of holders do this, not just influencers per se)
3. Sniping big parts of supply pre-announcement in order to pretend the circulating supply is really much higher than it really is, and of course to do massive exits
Other methods that are gaining traction includes:
4. Organizing opaque cabals to perform all manners of raids, from creating fake impressions of massively engaged community or massive fudding for a potential CTO
5: Recycling capital gained from previous tokens to perform impressions of massive fundraises, volume or liquidity
Here’s the really tricky thing - when even legit projects and participants feels like they have no choice but to play these games in order to win, then all these PvP behaviors become standardized and even accepted.
Then we end up in a situation where everyone engages in PvP, if only to defend themselves from everyone else.
When that happens, we would just end up proving skeptics right - that crypto is one big PvP game and there’s nothing here other than scams and takers.
That’s not true of course. There’s absolutely no lack of genuine players out here, me included, who deeply believe in the power of tokens, particularly memecoins as mechanisms for unifying communities and creating long lasting value.
Let’s try to create communities where PPP is the norm, not the exception. It would require everyone involved, starting w the devs, to recognize every community as a startup, which like every other startup in the planet, might not work out.
But when it works out, and sometimes it does work out - a flourishing PPP memecoin community is legitimately one of the most beautiful things in crypto - held together with nothing more than a symbol, and a common vision for a new art form in this world.
❤️🐱
1/ Today, we’re kicking off the Giant Unified Market initiative - our key effort to bring all assets into a single atomic market, accessible by everyone in the world with a fraction of a cent.
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One more thing I've been talking about for a while... what the hell happens to the price of ETH if there is big demand for the ETF and 30% remains staked (off market) and burning makes supply deeply negative as activity rises.... that could create a banana zone squared...