Pretty sure we will see the discussion about potentially burning unallocated Tokens soon.
There is no reason for another $hype airdrop, PMF and growth has been reached
@spacexbt@jords Agree with this apart from the supply overhang.
30% for future incentives, with no clear clue as to what they can be is not exactly small.
best thing for hype for either be airdrop the total or burn it, and let the market decide what fair value is.
Think about it how FAIR those launches actually are for you even if the dev is selling a bit. In PE you get diluted to shit, in stocks they dump on you every single day.
Buy this fucking dip and support our industry
Guys, if we send a token to 0 every single time a founder needs to cover expenses or FUND the business, then Tokens will NEVER be perceived as a credible alternative to equity.
Fund useful things, it's the only way to recover
AMA.
A few people have pinged, upset or concerned that I sold some tokens.
I've been focused on building a team and making sure we have some runway. Hiring people costs money. We have $0 revenue from the product right now, so the trading fees are the only way to afford a team right now.
The new UI updates were from the new team, and most of the roadmap (adding fiat payment support, migrations to support more scale, ...) depend on work from the team.
We have 2-3 months of runway now, which I think is enough to complete those things.
total fees so far have been a little over 6% of supply. I sold ~2% of supply. Plan to hold the rest unless I need more to pay the team.
If you have any questions, concerns, or comments, I'll try to answer them in this thread.
My combined gamble on the $SPCX IPO & Tesla Roadster reveal event is ethereum:0x12419a0427c2a27a61c1cb4a49f5fad24fd4e671 on ETH mainnet
I usually don't trade memecoins but the potential here is crystal clear
1 of 1 meme forever in orbit. Thesis is good enough to the extent that I wouldn't be dissatisfied if it goes to 0