My takes on the categories of $SKY critiques I've seen*
*𝘐'𝘮 𝘫𝘶𝘴𝘵 𝘰𝘯𝘦 𝘨𝘶𝘺. 𝘐 𝘥𝘰𝘯'𝘵 𝘴𝘱𝘦𝘢𝘬 𝘧𝘰𝘳 𝘦𝘷𝘦𝘳𝘺𝘰𝘯𝘦 𝘪𝘯 $𝘚𝘒𝘠, 𝘯𝘰𝘳 𝘴𝘩𝘰𝘶𝘭𝘥 𝘐. 𝘛𝘩𝘦𝘴𝘦 𝘢𝘳𝘦 𝘮𝘺 𝗼𝗽𝗶𝗻𝗶𝗼𝗻𝘀 𝘢𝘯𝘥 𝘢𝘳𝘦 𝘯𝘰𝘵 𝘭𝘪𝘬𝘦𝘭𝘺 𝘵𝘰 𝘣𝘦 𝘴𝘩𝘢𝘳𝘦𝘥 𝘣𝘺 𝘮𝘺 𝘧𝘦𝘭𝘭𝘰𝘸 𝘱𝘢𝘳𝘵𝘯𝘦𝘳𝘴.
𝗟𝗮𝗰𝗸 𝗼𝗳 𝗗𝗶𝘃𝗲𝗿𝘀𝗶𝘁𝘆
I don't believe in quotas. And I believe that diversity is more than external appearance, gender or otherwise.
But this is a real short-sighted failing. I'm guilty, and I'm sorry.
I will speak for myself and say that I'll strive to do better here.
𝗖𝗮𝗯𝗮𝗹 𝗔𝗰𝗰𝘂𝘀𝗮𝘁𝗶𝗼𝗻𝘀
Cabal in modern parlance is just a midcurve word for what's referred to as mafias (Paypal, YC, etc.) in SV.
Short of a solo-founder doing a fair-market launch (like $NATIVE), this will be a perennial barb.
That said, a true cabal would not be as visible as this group is. You know who's in it. You know how it works. The docs are available on day one. It's a token on the open-market.
Yes, it took pre-meditated coordination and planning that didn't involve posting every decision to the feed (see: DAOs, Rainbow's M&A department, etc.).
But that's how the real world works.
𝗧𝗵𝗲 𝗡𝗔𝗩 𝗠𝗼𝗱𝗲𝗹
Very fair sets of questions here. My assessment in joining $SKY was primarily around this. My answer? The NAV model, especially when tokenized, aligns our incentives with founders and token-holders from Day Zero.
It puts the onus on us to a) pick great projects with plenty of room to grow and move the needle for our entire space and b) help add value to those projects through effort and elbow grease. 7 replies
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