ICOs from 2017 were the best way to raise capital, as an ideal
they were then entered by scammers, and got a bad name.
and there are many scammers in crypto.
with that in mind, @MetaDAOProject ICOs are change the fabric of solana, and crypto.
change my mind, please, try.
1/ @MetaDAOProject's value prop is simple: self-enforced tokenholder rights.
The current ICO landscape navigates a tradeoff between high adverse selection (bad founders) & capital formation maturity (high valuations).
Breaking down why MetaDAO could realize the ICM vision:
distributed banking needs distributed governance
but governance without alignment of incentives is just decision-making without accountability
futarchy fixes this
aligned incentives = better outcomes.
always.
Avici is launching its token with @MetaDAOProject to put ownership in hands of community.
If you’re an existing user who uses Avici card a lot, Check out what this means to you 👇
You may not know this, but there’s a DAO out there that doesn’t rely on governance votes at all. Instead, it uses markets to decide what gets built. That’s what @MetaDAOProject is doing with futarchy, turning predictions into truth-seeking governance and building “unruggable…
on the precipice of what one day may be viewed as the most important proposal of them all
metadao is about to become the best (and the easiest) place to raise startup capital from the internet
Metadao is quietly cooking the greatest innovation in seed funding models since ycombinator -
Traditional VC: Attracts high quality entrepreneurs ✅, offers investor protection✅, not scalable 🚫, gated access 🚫
ycombinator: Attracts high quality entrepreneurs ✅, offers…
Transparency and honesty between the team and holders is the main reason you need to look into @MetaDAOProject
Future is futarchy
Future is unruggable ICO
Future is Solana
Future is here
Transparency and honesty between the team and holders is the main reason you need to look into @MetaDAOProject
Future is futarchy
Future is unruggable ICO
Future is Solana
Future is here https://t.co/jO0kyfW1xH
If you need more examples of futarchy live and why it works you don’t have to look that far. Start with Flash trade
> the team raises capital using NFTs
> returns more than the raised amount through rewards
> drops a token and adopts futarchy as its core governance mechanism…
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