Pretty cool to see a project that originally raised $130M (and never launched) ended up being launched by anon devs with 0 funding with a few months of dev work
Goes to show how excessive some of these fundraises in crypto actually were
Goes to show how excessive some of these fundraises in crypto actually were
https://twitter.com/CoinDesk/status/1333275112779472896
That being said, I think it's well accepted that the Basis model doesn't actually work in a real world setting
Cool experiment and I think algorithmic stablecoins will be a pretty hot category this year, but imo there are better ones out there
Cool experiment and I think algorithmic stablecoins will be a pretty hot category this year, but imo there are better ones out there
Also, these capped farm launches are pretty dumb. The intent is to improve distribution, but funds that have inhouse developer resources just end up eating all the cake
So this again the rich just get more of the coins
So this again the rich just get more of the coins
New projects really need to stop using the "stablecoin park + pool 2" distribution method. Like it worked awfully the last 50 times, it's still going to be a shit show when you do it.
If you're a new project and need help with token distribution feel free to DM
If you're a new project and need help with token distribution feel free to DM
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