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Ben
@benersing
Thoughts, investors, do you agree?
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Ben
@benersing
My two cents: - web3 has been synonymous with tokens since 2010, its going to take more than a few years to buck that trend - VCs have a fiduciary responsibility to their investors based in what is outlined in their fund documents, and most LPs want high risk / high return potential from tokens - If VCs want to compete and get funded, most have to offer the expected type of investment strategy - The tide will change once someone builds the first $1B consumer app with no token, or people will refine the tokenomics model so benefits generally outweigh harm
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casslin.eth
@casslineth
need better token models. older ones don't serve the purpose now
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Zach
@zherring
I agree with this. Everyone's selling picks and shovels, nobody is digging for cold. VC funds crypto projects w/ highest likelihood of liquidity event. These are usually infra and tooling. Meanwhile, those infra and tooling apps are crawling over each other to get to apps with users for integrations. Those apps don't really seem to get funding, or they get funding much later in the cycle (you can raise on a deck w/ infra, you have to have _users_ to raise on consumer). Reflexive failure loop, just in terms of where the incentives are to build.
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valerian
@valerianoo
You bring so much joy
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Natali
@natali1
Cryptocurrency is speculation and there is no value in it, I quickly invested and quickly sold.
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ALBLAK 52
@alblack52
Yes, expressing gratitude through stickers can be a great way to show appreciation for investors and their support. It can help to strengthen the relationship between investors and the company, and show that their contributions are valued. It's a small gesture that can go a long way in building trust and loyalty.
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