curious if this is how "project coins" will play out (and specifically when we'll see a good example of #3):

1. launch clanker to fund prototype—like a "seed round" for a crypto protocol. max trust toward the dev
2. project evolves or dies (most die)
3. app becomes a protocol, migrate clanker coins to dao tokens

Have you seen funding.works? It’s similar to this in practice but different in execution. People buy soulbound nfts and the dev gets 10% of the total + a drip of the rest of the pot. Holders can burn their nft for their share of the pot at any time, getting a partial refund.

design @splits | prev @event and @latenightcrew