Trending topics
#
Bonk Eco continues to show strength amid $USELESS rally
#
Pump.fun to raise $1B token sale, traders speculating on airdrop
#
Boop.Fun leading the way with a new launchpad on Solana.
Not only is it harder to sell tokens to traditional players
It may even prove harder to sell them equity when you have a token in parallel
Take a full acquisition scenario:
Ofc you can go the Axelar way and shaft token holders, or you can try to be fair to them and create a hairy scenario where the acquirer may not be as shrewd as Circle and decide its not worth it
And since in trad. VC business acquisitions are the most common way of exit, its quite jarring if you shaft your odds of being acquired
The sooner we arrive at token=equity (with additional features sometimes), the better for the health of crypto market
Dec 29, 23:04
late stage growth rounds for crypto companies are often done in equity, this signals that it is harder / impossible to sell tokens to more traditional players
i'd argue this is not because they are uninterested but rather most tokens do not fit their requirements when it comes to rights etc. the sooner this changes the better. as a founder with a 10 year timeline it makes sense to accrue to the token if you strive for growth.
@kennyistyping e.g. if 100 founders do it its easy to prosecute them
if 10k founder do it its hard to prosecute all of them
if 1M founders do it you better change the law
@kennyistyping in other words
if 100 founders do it its easy to prosecute them
if 10k founders do it its hard to prosecute all of them
if 1M founders do it you better change the law
242
Top
Ranking
Favorites