I've talked to dozens of crypto founders over the last few weeks about token launches. The common theme is that launching a coin today is more opaque, more extractive, and less fair than an IPO. It's embarrassing for an industry that professes transparency and fairness.

.@ellipsis_labs is hiring a product designer to build the next generation of on-chain financial applications. Above-market salary and equity. NYC only. DM me directly with proof of competency.

okay. now the Pump token has gone live and i can finally sit down and review what have happened in the past few days. a few things: - after working on solana for the past 5 years, a launch like this wouldn't be even possible 1 year ago. this has shown how much solana has grown from the technical perspective. no hiccups and the chain is smooth. - that aside, the community is so strong now that a 500m raise is possible within 10 minutes. - mulitple billion protocols on solana would have been something that no one would have thought of just few years ago. - and, these are protocols with actual revenue. sometimes, millions a day. and, it is only the beginning.

Foundational to MetaDAO’s mission is changing the way people look at tokens. This includes the team, investors, participants and onlookers. First, the team’s token allocation was not enshrined at issuance. We raised a proposal with unconventional terms: 4 year lock with vesting according to market cap. We believe that too often founders are soft retired and then lose the incentive to build. Second, all investment has been approved by proposals. Investors don’t come talk to the team; they created proposals and only the proposals to acquire tokens at a premium have passed. Finally, we’re building in public, which means we should hold a high bar for transparency and not just say “it’s on the chain.” Collecting information and displaying it with easy access is important. We’re excited to pave the way and show that the status quo is ripe for disruption. This industry can move forward with those of us willing to set a high bar and stick to it. 🫡 Futardio

@zebulgar @karimatiyeh @traestephens 3/ When negotiations with AI startup Cognition hit a snag, @ScottWu46 had a proposal to settle it: He plays Peter Thiel in chess or Napoleon Ta in poker. Winner gets their terms.

🚨 Save the date! Announcing "MEV Day" at @SolanaConf Breakpoint: 📆 Tuesday, December 9th 🏨 Hilton Yas Grand 👥 Organized by @jito_sol, @ellipsis_labs & @triton_one Follow @mevday_ for all the latest announcements! 📑 See you there! 🔗 to Luma invite below 👇️

catch me, @MerlinEgalite, and @0xShitTrader in the defi breakout room at @Permissionless in 15 minutes! 🦅 🇺🇸

?

PSA: infrastructure companies should build products so that they know what infrastructure to build 😁

Aspiring DeFi BD people should be all solidly technical if they want to succeed. Use claude ffs. You don't have an excuse anymore