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JP
@JP_PROOF
Founder of @PROOFplatform. Previously: founder of @Zibbet (acquired by @JoAnn_Stores) & advisory board @ProfitWell (acquired by @PaddleHQ) + more.
Joined November 2024
282 Following    2.3K Followers
The rugged becomes the rugger. From not knowing anything about trading memecoins 7 days ago > to getting rugged > to launching his own token and rugging for $14k — all within 7 days. It’s far too easy to launch and rug a coin these days. @Pumpfun even encourages it. Investors need to start voting with their $$ on real founders, attempting to build real companies — yes, I’m talking about utility tokens. Yes, it’s still highly speculative and yes it’s still highly risky. Yes, there are still bad actors and rugs that occur. BUT, you’ve certainly got a lot more data to base your decisions on — and, depending how it is launched, safety measures baked in. The unfortunate thing is that people are inherently lazy. They don’t want to put in the work required to find quality projects to back, and stay up-to-date with their progress. But, if they did, they would make a lot more money. So, you have a choice… keep losing all your lunch money, blindly gambling on asslickerbuttscrubber and hoping it takes off. OR… Help us bring back utility season by backing real founders attempting to build real businesses. MAKE UTILITY GREAT AGAIN. ✊
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