Sultan

Web3 Enjoyer, NFT Collector & Angel Investor - always a student. Positive vibes w/ a BS radar (RT≠endorsement, NFA, Pls DYOR)

[Sultan @urbansultan]

@el33th4xor We know. The market knows. Most just don’t care because this does not translate into value accrual for AVAX thanks to your design. Got any fresh news while you’re “supremely bullish” or still recycling old headlines?!!

[Sultan @urbansultan]

@el33th4xor @John1wu Nice of @AvaLabs leaders to finally get a meeting in the diary!

[Sultan @urbansultan]

@JustnThePhotog bok bok lol

[Sultan @urbansultan]

@el33th4xor You can’t decry centralised power in Web2 while operating with opaque governance & unmanaged conflicts in Web3.

What independent board oversight exists at Ava Labs? How are conflicts disclosed/managed? What governance separates Ava labs / FDN? Who exercises real accountability?

[Sultan @urbansultan]

@frostLedger Problem isn’t just economics - it’s conduct.

We’ve seen sniping, p&ds, conflicts of interest and misaligned incentives for AVAX employees with the broader community. Trust has eroded.

If you want to rebuild, integrity, transparency, governance and accountability must come first

[Sultan @urbansultan]

@frostLedger Welcome on board.

Please don’t front-run, tip off insiders, AVAX employees (current or former), KOLs or cronies on investments.

Keep relationships strictly arms-length and transparently manage conflicts.

No shenanigans at the community’s expense please!

Good luck…

[Sultan @urbansultan]

@stvngts Vibes didn’t get this bad by accident. Been years in the making. By any measure - strategy, execution, outcomes - performance has been poor, at the expense of the community while inner circle enriched themselves. Emin needs to step down into tech/advisory role w/ new CEO appointd

[Sultan @urbansultan]

@el33th4xor Confidence tweets don’t fix weak outcomes and poor execution, Emin. @avax needs leadership change, focused on execution & rebuilding ecosystem trust. Founder as advisor, not CEO, is the path forward to regain credibility while preserving engineering strengths under new management

[Sultan @urbansultan]

@TheFigen_ True beauty whispers, never needs to shout!

[Sultan @urbansultan]

@Stupifff Legitimate information edge via mosaic theory is fine - that’s how many funds operate.

MNPI isn’t an edge, nor are coordinated P&Ds.

That distinction feels blurred in crypto today, but experience - via institutional adoption and regulation - will do the teaching.

Best of luck

[Sultan @urbansultan]

@Stupifff Good for u if that’s genuinely all u did -analysing public onchain data is ok. But coordinated trading via private networks w/ prior knowledge of FDN bids or timing to pump & exit near the top isn’t skill -it’s mkt abuse. That line may be grey in web3 today but won’t be for long.

[Sultan @urbansultan]

@Stupifff Networks matter. Trading on material, non-public info doesn't. In real markets the line is clear:

Analysing public data is skill. Positioning off privileged flows is mkt abuse.

There will be a rude awakening - just not the one u're implying and it won't favour this behaviour.

[Sultan @urbansultan]

@Stupifff U've made a lot of assumptions - all wrong. I'm not mad, not a victim & haven't fumbled bags. Just stating the obvious:

Markets that rely on who u know & who's closest to FDN wallets don't scale beyond speculation!

This debate will in any case fade as institutions & regs mature

[Sultan @urbansultan]

@Stupifff U're missing the point! Noone’s asking for infinite bid -just honest price discovery w/o insiders, foundations & KOLs f-running exits. Calling that a skill issue is convenient when u’re on the inside. Institutions won’t tolerate this & regs will end these games & their defenders.

[Sultan @urbansultan]

@Stupifff “Some win, some bag-hold” isn’t a vision for a credible chain. Insiders time the hype, FDN bids, retail gets dumped on, then blamed for not gambling better, lol. That’s not adoption, it’s extraction - and normalising it is exactly how Avalanche rots from the inside!

[Sultan @urbansultan]

@Stupifff “Publicly available” coins where insiders knew the timing, the narrative and the exits. Yeah, sounds super aligned.

“We could all get rich” only works if the music never stops. Well, it did and retail was left holding the bag.

FDN stimulated exit liquidity, not adoption!

[Sultan @urbansultan]

@stvngts Holder bias is real. Weak adoption, poor value accrual and leadership failures got us here - and nothing yet suggests this lot can reverse it.

[Sultan @urbansultan]

@Sevrin420 @stvngts They marketed interest as commitment. Pilots, trials and intent dressed up as adoption. Reality never matched the narrative.

[Sultan @urbansultan]

@stvngts Avalanche built gud tech early, but failed to become the default coordination layer for developers or institutions.

Institutional interest existed. Institutional commitment did not.

The market has priced that reality in over time.

A key part of the failure sits w/ leadership.