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we incorporated @splits months after @w and i started working on it. we did, however, raise capital during this pre-incorporation time period.
during our recent hack week, we prototyped a tool for making this better.
it takes the workflows of a trad incorporation + raise (define cap table, amount raising, valuation, ...
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q: are these tokens (what the backer receives) transferrable?
a: yes, for now.
this currently just uses a liquid split as the cap table (composability!!!), and liquid splits use 1155s (composability!!!). the split updates itself as the nfts are transferred. more info: splits.org/protocol/doc......
we incorporated @splits months after @w and i started working on it. we did, however, raise capital during this pre-incorporation time period.
during our recent hack week, we prototyped a tool for making this better.
it takes the workflows of a trad incorporation + raise (define cap table, amount raising, valuation,
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tokens are a tool for the mechanism, not the person.
tokens become more important the less humans have to think about them. they’re a means to an end, not the end itself. meant for machines, not humans.
already true with ai, increasingly true with crypto.
tokens are dead. long live tokens.
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lower the cost of starting → more things get started → projects exist that otherwise wouldn't (!!!)
the most common feedback thus far: "this increases speed"
no legal delay, complex docs, waiting on a bank. waiting is costly, especially in the age of agents. when you lower the cost of starting, more things will get s...
we incorporated @splits months after @w and i started working on it. we did, however, raise capital during this pre-incorporation time period.
during our recent hack week, we prototyped a tool for making this better.
it takes the workflows of a trad incorporation + raise (define cap table, amount raising, valuation,
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i think about alex danco's idea of gift culture almost daily
alexdanco.com/2025/02/21/i...
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