What is a “classic circular structure” or a self-reinforcing money loop often seen in crypto schemes?
In the WLFI case, it means:
1. You create your own token (WLFI).
2. You sell it to a friendly entity (Alt5 Sigma).
So you're raising funds post‑TGE? Yeah, they're going to ask about your perps.
Part 1 - Why VCs care about perps:
Let us save you some trouble. Whether you are pre‑TGE or already trading, a VC will eventually ask about your perps market.
Søren Kierkegaard on the Importance of Walking
“Above all, do not lose your desire to walk. Everyday, I walk myself into a state of well-being & walk away from every illness. I have walked myself into my best thoughts, and I know of no thought so burdensome that one cannot walk away from it. But by sitting still, & the more one sits still, the closer one comes to feeling ill. Thus if one just keeps on walking, everything will be all right.”
They blame Web3 for being too meme‑focused, a place full of flippers. Well, yeah, part of it. But don’t you think it’s super cool that nowadays a 16‑year‑old can make his small IPO sitting in front of his Pentium 3 computer somewhere in a small town?