I'm joining @MetaDAOProject to save the entire industry.
Crypto is in a really tough spot right now. Some of my friends are pivoting to AI, altcoins are getting cooked, millions of tokens have launched with 99% of them down 99%, and everyone is saying itβs over. It's hard to blame them πLow float high FDV launches, founders selling their bags OTC, teams quiet quitting after raising millions. The standard playbook that has lasted for years extracts from retail instead of building real businesses.
MetaDAO is the only structural answer Iβve seen. It provides the guardrails that make tokens sustainable. I truly believe it is our only hope for making this industry worth staying in.
The last year at @zenith256 has genuinely been one of the best of my career. I wasn't looking to leave. When I met the MetaDAO team at @mtndao this year, it was the first time in a while a project made me feel like we were moving in the right direction as an industry. So when @metanallok reached out, I knew I had to at least listen.
If you're a founder building something real and want to fundraise, my DMs are open. Let's talk π
@zamdoteth A few of the teams raised on MetaDAO have been pre product. Idea yes, but still largely a bet on the individuals.
If someone wanted to they could just rally some folks on the internet and put up a raise saying "I will cook one day" and see what happens π
Founders should just focus on building the best possible business.
Also some larger trad investments are milestone based, so if a team doesn't hit milestones they don't get all the $ anyway π
Re: liquidation we're primarily in the biz of preventing fraud so we can open up these startups to the entire world. Just want to keep your money safe!