TheMotto.eth

“We been up all damn summer, makin' that bread and butter, Tell me, did I just stutter? That's themotto”. None of my tweets are financial advice. $gg

[Ryan Cohen @ryancohen]

The Hollow Men

American capitalism is rotting from the head down. We have replaced the "Owner-Operator"—the risk-taker-with a new, parasitic class of corporate bureaucrat: The Risk-Free Insider.

By "Insider," I am not referring to a specific title. I am referring to the entire administrative state that has captured the modern corporation. This includes the Directors who exist solely to collect fees, the Executives who exist solely to collect bonuses, and the Managers who exist solely to hire consultants.

These are the hollow men of the boardroom. They are masters of PowerPoint. They wear the right suits. They say the right buzzwords about "governance" and "ESG." But they are mercenaries fighting a war with someone else’s ammunition.

In a functioning economy, authority is tied to liability. If you make a bad decision, you lose your own money. That fear of loss is the only thing that keeps a business honest. It forces you to cut waste, obsess over the customer, and stay late to fix what is broken.

Today, we have severed that link.

We have rigged the game so that heads, the Insider wins; tails, the shareholder loses.

If the stock goes up, the Insider collects a massive performance bonus. If the stock crashes due to their own incompetence, they are fired with a "Golden Parachute" worth tens of millions. They are gambling with the house’s money, and they never leave the table poorer than they arrived.

This looting starts in the boardroom.

We have normalized a "Country Club" culture where directors are selected based on social profiling rather than their ability to build a business. The modern board member is often a professional tourist—paid an average of $350,000 a year.

Let’s be brutally honest about what that number represents. The average director is paid nearly five times the GDP per capita of the United States. They earn more for attending four quarterly lunches than the vast majority of Americans earn in five years of hard labor.

And for what?

Most of these directors are "over-boarded," sitting on three or four boards simultaneously. They treat directorships as a gig economy for the elite. They fly in, rubber-stamp a compensation package they didn't read, and fly out. They collect checks from companies they do not understand, do not use, and certainly do not love.

They are not there to ask hard questions. They are there to be collegial. They are there to protect the other Insiders.

And what happens when these boards hire executives who also have no personal capital at risk?

We get the Delegation Economy.

When a Risk-Free Insider faces a crisis—bloated expenses, a broken supply chain, or a stale product—they do not roll up their sleeves. They hire a consultant. They pay a strategy firm millions of shareholder dollars to produce a 100-page deck telling them what they already know.

This is not management. It is intellectual money laundering.

They use shareholder capital to buy an insurance policy for their own careers. If the plan fails, they can blame the consultants. They delegate the work because they are terrified of the responsibility. They would rather preside over a slow, comfortable decline than risk a bold mistake.

While American Insiders are busy optimizing their severance packages, our global competitors are optimizing their products. They are not slowed down by bureaucracy. They are not waiting for a slide deck. They are outworking us.

If we continue to fill our C-suites with administrators instead of operators, we will lose our edge. We will see iconic American franchises hollowed out by fees, managed for the benefit of the Insiders, while the true owners—the shareholders—are left holding the bag.

The time for polite governance is over.

If we want to save the American economy from mediocrity, we must demand a return to the "Owner’s Mentality." We need leaders who treat shareholder capital with the same reverence they treat their own savings. The era of the Risk-Free Insider must end.

[2.0 @2_dot_Zero]

"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.

[2.0 @2_dot_Zero]

BuT DiD yOu ReAd dA tErMs & CoNdItIoNs WhEn YoU mInTeD 3 yEaRs AgO?

[2.0 @2_dot_Zero]

An insane conversation in the @MoonlingsNFT discord with the community members asking legitimate questions and @perpetual_cgi just blowing them off like they are kindergarteners. What are you hiding @Reef_X_ ? See below:

[2.0 @2_dot_Zero]

Social capital is alpha.

In Web3, projects live or die on trust, coordination, and community ownership.

When that trust is broken, it's over.

We’ve covered this before: https://t.co/u1PTbeDgzL

Today: the receipts on @MoonlingsNFT + the MoonBank

🧵

[2.0 @2_dot_Zero]

It’s been 1 month since this post and @Gfunkera86 has been radio silent.

One has to ask what @adambain and @lazerow are doing here — active oversight or quiet cover-up? Silence isn’t a great look. Their perspective would be welcome.
While @Gfunkera86 may be the main driver, the real question is whether Bain and Lazerow are complicit through inaction.

[TheMotto.eth @Its_TheMotto]

@aleon523 @DDTsCRYPT @pixelvault_ @rebootgg_ @chriswahl73 @metahero_pv Is this confirmed?

[2.0 @2_dot_Zero]

“From $PUNKS to GG: A Masterclass in Community Betrayal - and How @Gfunkera86 lost it all”

🧵- buckle up this will be spicy

[Zulu @xZuluZx]

A thread 🧵covering Sean Michael Gearin’s (AKA @Gfunkera86) journey as CEO at @pixelvault_ ending in an elaborate exit scam.

Stick around, this one is juicy.

[MoonCat @mooncat2878]

Imagine @Gfunkera86 being the scammer here and @beaniemaxi had to take all this shit while it should have been the other way around

Gfunk the villain
Beanie the hero

What a twist and ultimate comeback story where Beanie saves all our bags?

[Rodo @0xRodo]

GFunk pulled off one of the most blatant rugs I’ve seen in a while.

- Raised hundreds of millions with Pixelvault
- Tricked users into swapping $punks for $gg during the bear
- Ends up with 87% of the $punks supply, $gg is worthless
- Starts silently auctioning the punks vault, but the people notice
- Promises proceeds will be used to build the ecosystem
- Winds down operations just 22 days later

On top of that, he recently got ‘hacked’, dumping all his Ringers into bids. Two weeks ago, he WETHed all of his remaining NFTs from his main and burner accounts.

He hasn’t posted in over a month.

Incredible grift.

[JohnStargaryen.eth @JStargeth]

@Gfunkera86 tried to sneak this auction through without anyone ever finding out. Then claimed that all the ETH would be used to reward the community. After which he took the ETH raised, sent it to a Bybit account, and dumpstered it all leverage trading. Now @pixelvault_ is broke and closing up shop.

Some of CT may remember that these Punks were fractionalized and owned by the $PUNKS holders ($PUNKS were acquired by staking Punks Comic 1). How did PV and GFunk get ahold of 87% of the $PUNKS supply? Well they convinced everyone to trade in their tokens to get $GG claiming it would power @rebootgg_, @PlayBattlePlan and the rest of their ecosystem as well as every other game that used Reboot. As it turned out, $GG only had a use for about two months until the team decided to shut down season 1 of Battle Plan (after promising a Cyber Truck, other huge rewards and after many players had spent significant money to try and climb the leaderboard). They spent the next 1.5 years claiming Battle Plan would come back and that $GG still had value. Well it turns out both of those were fabrications.

Tl,Dr: Founder psyops community into trading in their fractionalized punks tokens for $GG, founder then never delivers any real utility for $GG, founder then uses his newly acquired fractional punks tokens to sell those Punks while promising to use the proceeds for rewards, founder takes the money earned from those Punks and degens it all away on perps, founder's company announces closure, and finally founder disappears in the dead of night leaving his community holding the rug.

@Gfunkera86 spent the last year telling everyone how bad an actor @beaniemaxi is and that he was gaslighting everyone. Turns out everyone owes Beanie an apology. Hopefully Funk is never accepted in this space again.

[TheMotto.eth @Its_TheMotto]

@Gee__Gazza @Gfunkera86 Stay tuned, I think there’s more that will come out about this story.

They still haven’t paid out BattlePlan prizes or shipped comics. What happened to the PUNKs money?

[Xeer @Xeer]

say if you raised 50 million from "investors" to run your start-up, do you consider that 50m "your money" or "investor money"?.

spoke to a founder recently and he referred to the 50m as "his money" and he's making 200k per month from yield farming using HIS stables. you love to see it.

meanwhile his token is under 700k market cap with 100k liquidity and every investor he has ever had is underwater while he flies around the world first class to attend crypto conferences and parties.

[TheMotto.eth @Its_TheMotto]

@Gfunkera86 no comments?

[Pixel Vault @pixelvault_]

After more than 4 years of building, we have started the process of potentially winding down Pixel Vault. We tried our best to create a profitable and sustainable crypto entertainment company. While we didn’t succeed, we want to thank our team, investors and community who pulled for us.

We are currently in discussions with several parties interested in acquiring Pixel Vault and its various assets and continuing to serve the community. We’re also in direct communication with Seedphrase regarding the transition of @wolfdotgame.

Please DM this account or email [email protected] if you are interested in the IP. We will share further updates when the process is complete.

[Beanie @beaniemaxi]

For the sake of transparency I’ll make my offfer public. I will offer $1 for Pixel Vault. Given my proven and verifiable track record I believe the community will benefit. On a future sale of the company I offer 50% of the proceeds to the investors. Happy to work with Seedphrase.

[Pixel Vault @pixelvault_]

After more than 4 years of building, we have started the process of potentially winding down Pixel Vault. We tried our best to create a profitable and sustainable crypto entertainment company. While we didn’t succeed, we want to thank our team, investors and community who pulled for us.

We are currently in discussions with several parties interested in acquiring Pixel Vault and its various assets and continuing to serve the community. We’re also in direct communication with Seedphrase regarding the transition of @wolfdotgame.

Please DM this account or email [email protected] if you are interested in the IP. We will share further updates when the process is complete.

[Aaron Leon @aleon523]

When will @pixelvault_ follow through and award the @PlayBattlePlan prizes people spent money on trying to win? https://t.co/qKzoPQVhzC

[2.0 @2_dot_Zero]

Welcome to the @Gfunkera86 era. Enjoy