
dusan π©
@ds8
985 Following
10138 Followers
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- i like project coins
- what's that?
- well, there are builders who issue tokens for the projects they build
- ah, so sort of like a stock?
- yes, but you don't need to wait for an ipo
- so sort of like a spac?
- yeah, but you can usually get in much earlier, you can trade 24/7, and there are no regulations
- sounds great, what ticker should i buy?
- uhh, so you gotta be careful, because tickers are not unique
- so how do i know which one to buy?
- based on the contract address
- right, and where do i get that?
- check their casts or their bio
- ah so they can set only one contract address per project?
- no, not really, but they usually use just one
- right, because it's on blockchain and it's immutable so they can't change it...
- no, they can deploy a new one
- so what is it that i'm buying?
- sort of a social contract
- doesn't seem trustless
- it isn't
- well, it better go up then 0 reply
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