$NFA - Degen L3. This is a note pad for thought$ and concept$. In deconomic$ we trust
Too each their own, abortion like financial advice is not for us. Liquidity will shift from one asset to another whenever conditions warrant, the primary backing asset will always be paramount. That's why the emphasis for the project is encouraging claiming airdrops or promos as they are offered vs minting/buying. The project at this stage will utilize grants were eligible but does not need investors
v2 tokens based off backed assets will burn people. mintclub's bonded curve is strong but a portion of the assest supply has to stay mintable. the portion ration would reliant on circulating and locked
even if a customer is operating from the basement or a garage, always treat them like a valued customer...that's why people gravitate to coinbase, uniswap or jumper, it's not always first movers
15% own by a centralized institution acquired OTC and placed in locked liquidity 4yrs+, >25% by team/founders and = secret sauce? and community having governance/say with 40% and 20% open to mint at a price...the back bone asset should ideally never mint out.
the asset itself has to be accessible to anyone, have solid long-term backer with a small stake and have a portion of the max supply still mintable...not easily though. It doesn't sound complicated.
there are too many bad actors in the space for true decentralisation to thrive...a percentage of an asset needs to be held by a centralised institution? Most rugs look like they would've made money and not burned retail utilising this kind of backing and some skin in the game
who knows knows, dealing with sibyls is one thing staying under the radar of moon boiz is another.