@mikedemarais.eth
gary gensler tried his best to lobotomize the crypto industry, and tbh in large part he succeeded... the industry is still exhibiting lingering symptoms
over the course of this cycle a disgusting trend emerged where companies with tokens would get acquired, with all of the value going to the equity, resulting in the community and tokenholders getting fucked
but you can in fact just do things, and im proud as hell to say that Rainbow did the work to make sure that outcome never happens to the Rainbow community
we worked with an elite legal team to pioneer a novel new structure where Rainbow Foundation is the holder of 20% of Rainbow equity on behalf of $RNBW token holders
this is just the beginning. rainbow is a live player and will be utilizing our fully intact brains to move aggressively, and prove that a small onchain team can out-ship and out-execute Wall St during this new renaissance era of hypercapitalism
it’s Wall St vs Rainbow Road. pick a side
https://x.com/RainbowFND/status/1996664081256771982?s=20