brypto

I feel conflicted about the $VVV launch

On one hand, I stan Eric Vorhees. He is an OG who has done right by this space for years, and is genuinely one of the good guys

OTOH, this launch was poorly executed and not sure why Venice needs a token. Feels like opportunistic marketing, drafting off of DeepSeek attention

🚨 Insider Trading on Base 🚨

How a @VelodromeFi / @AerodromeFi contributor just banked $1M in 1 hour during the $VVV launch while we all watched like clowns. 🤡 (Thread) 🧵

Chadder

I feel conflicted about the $VVV launch

On one hand, I stan Eric Vorhees. He is an OG who has done right by this space for years, and is genuinely one of the good guys

OTOH, this launch was poorly executed and not sure why Venice needs a token. Feels like opportunistic marketing, drafting off of DeepSeek attention

https://x.com/chadderbiz/status/1884249907743318367

friendly neighborhood shitcaster // working on @pinetree

if you continue to ask why x needs a token, why z needs its own chain/rollup things will just continue to not make sense

if it *can* have a token it will 
if it *can* have its own chain/rollup it will

1. none of the stuff yo mention here refutes needing a token

2. asking if something needs a token is mid because it's the consensus take and it's the frustrated position. it's the frustrated position because it's the wrong question.

3. venice is a revenue generating business. a productive asset. that *can* be owned by group of people larger than voorhees. that ownership *can* happen via a token and not a legal entity. thus it will. 
it's a world of possibilities (cans) not a world of needs.

Tokenization of everything is a lazy take (send me back to 2021 lol)

Frictionless capital formation is a given, duh. But post saturation, meaning matters again. And if you have clout like Vorhees, it feels really dumb to spend that now when you could save it for when capital formation is really needed

that's what i was thinking about 'why does it need a token'