@juli

I assume there’s People holding 10$, 100$, 1000$, 10000$ of your $2m shitcoin & it may be a significant amount for them. I believe crypto founders (of a serious Token project) have an obligation to protect Token holders AND other stakeholders until the end - even if $2m isn‘t much for you - by A) openly communicating B) no sudden changes that risk losses and C) clear plans that reduce uncertainty. In this case - a 10% or 50% drop from $2m can be absolutely devastating - even if the shitcoin lost 95% before - simply announcing that the snapshot for a new token has been taken would have been enough to protect all current holders (> depends on dilution with the new coin) - better communication about the future of moxie (no recent promo of new moxie Features) could have prepared people & saved them money Ofc You‘re free to pivot, to change your cap table, to change your project & Token - but for me it‘s clear to not invest in founders that don‘t take care about large or small stakeholders.

4 replies

0 recast

9 reactions