reply guys

why would anyone want to buy something where private presale holders are sitting on EIGHTY THOUSAND DOLLARS worth of a coin that they can dump immediately? $fair coded

private presale for “friends” only before announcing publicly? this is embarrassing behaviour and exactly the type of extractive CT nonsense that many on farcaster claim to be above.

it's late but I wrote a short article that unpacks the $fair launch and the presale controversy that followed. will post a thread tomorrow with a summary.

https://paragraph.com/@matthewb/faircaster-post-mortem

writing about products & protocols on Farcaster | prev. Juicebox, Nouns, RAW DAO | casting about coffee, hi-fi, and other rabbit holes

more nuanced take here: https://farcaster.xyz/matthewb/0xbf705d4e