Using a token to gain early attention and capital is a double edged sword. The downside is that it becomes hard for the founding team to know if they have found genuine product market fit or if it’s all a speculative game of musical chairs.
Definitely. And at least for now, we're seeing a LOT of musical chairs happening. A lot of noise from both the founders (or "founders") and the holders/speculators/"investors"
Using a token to gain early attention and capital is a double edged sword. The downside is that it becomes hard for the founding team to know if they have found genuine product market fit or if it’s all a speculative game of musical chairs.
Definitely. And at least for now, we're seeing a LOT of musical chairs happening. A lot of noise from both the founders (or "founders") and the holders/speculators/"investors"