Dan Romero
@dwr.eth
The fundamental problem to solve for with personal tokens / creator coins / etc. is the psychological effect of a significant price decline. 1. Most people are not equipped to manage a liquid, global, 24/7 traded asset. 2. Current norms are that if someone buys an asset, they expect the person / team / organization behind that asset are incentivized long-term to make that asset more valuable. 3. When there's a significant price decline, many / most creators will be overwhelmed by the hole they now need to dig themselves out of. Layer on a bunch of angry, pseudonymous people screaming at them on the internet. 4. Additionally, what happens when you want to stop creating? Like Outdoor Boys recently did. Contrast to a publicly traded company where the founder retires—the value still continues to accrue. Possible ways to change this 1. Invent a new asset that's time bound. Closer to a prediction market or an option. "I'm speculating on X during period Y." 2. Change norms / culture -- this is super slow.
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SerenusSage.base.eth
@serenussage
I think people should announce that they are done with a project and on every single crypto ranking site/DEX & CEX as a legacy token. An option that is added so people who may research can see that it's no longer being worked on. And maybe even a legacy tab so we can look at those projects. Selling an asset/project by the owner should never be seen as bearish or dumping. I understand the reason why. However, it should be encouraged that people who have the passion to move a project to the next level when the OG owner(s) wants out. To me that should so more bullish signs and each token/project should set up governance on what protects everyone from an owner dumping on the coin of they take on new ownership...
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