My takes on the categories of $SKY critiques I've seen*
*๐'๐ฎ ๐ซ๐ถ๐ด๐ต ๐ฐ๐ฏ๐ฆ ๐จ๐ถ๐บ. ๐ ๐ฅ๐ฐ๐ฏ'๐ต ๐ด๐ฑ๐ฆ๐ข๐ฌ ๐ง๐ฐ๐ณ ๐ฆ๐ท๐ฆ๐ณ๐บ๐ฐ๐ฏ๐ฆ ๐ช๐ฏ $๐๐๐ , ๐ฏ๐ฐ๐ณ ๐ด๐ฉ๐ฐ๐ถ๐ญ๐ฅ ๐. ๐๐ฉ๐ฆ๐ด๐ฆ ๐ข๐ณ๐ฆ ๐ฎ๐บ ๐ผ๐ฝ๐ถ๐ป๐ถ๐ผ๐ป๐ ๐ข๐ฏ๐ฅ ๐ข๐ณ๐ฆ ๐ฏ๐ฐ๐ต ๐ญ๐ช๐ฌ๐ฆ๐ญ๐บ ๐ต๐ฐ ๐ฃ๐ฆ ๐ด๐ฉ๐ข๐ณ๐ฆ๐ฅ ๐ฃ๐บ ๐ฎ๐บ ๐ง๐ฆ๐ญ๐ญ๐ฐ๐ธ ๐ฑ๐ข๐ณ๐ต๐ฏ๐ฆ๐ณ๐ด.
๐๐ฎ๐ฐ๐ธ ๐ผ๐ณ ๐๐ถ๐๐ฒ๐ฟ๐๐ถ๐๐
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.
๐๐ฎ๐ฏ๐ฎ๐น ๐๐ฐ๐ฐ๐๐๐ฎ๐๐ถ๐ผ๐ป๐
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.
๐ง๐ต๐ฒ ๐ก๐๐ฉ ๐ ๐ผ๐ฑ๐ฒ๐น
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
2 recasts
30 reactions
1 reply
0 recast
5 reactions
0 reply
0 recast
4 reactions