Uhh… a massive DAO just voted to “refund” one of their investors who was owed a 30x return ($5M+)
This is an insane story that impacts all builders in web3 and as a founder I need to speak out
Merit Circle DAO vs YGG 🧵
I’ve offloaded a lot of my NFTs. Some at a loss. The ETH market is a joke right now and there’s no reason for people to be throwing money at most of these projects.
Overpromised. Oversaturated. Overpriced.
Been away for a while as I’ve been in London but took a look at the charts today and this set up has me intrigued.
Not convinced this is the bottom but let’s see if this 28-30k range holds. Expecting it to range in this range for the short term future.