So let me get this straight: Kast grew their crypto credit card business by offering very high cashback in airdrop points.
Then they said, "most tokens go to zero", so instead of an airdrop, we'll give you real equity in Kast, a growing business, how exciting is that?!
And now they're saying, "yeah we're not doing equity", but here are a few vouchers and new points that might have benefits in the future, but no guarantees.
Everyone promoting this and riding around in these bullsh*t Kast VIP vans should be ashamed of themselves
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Another four-figure @standard_rsv charter drop, can't wait for the first six-figure drop
waleswoosh: these peasants are fascinating
The top 1% would not exist without the 99%
The CT and crypto economy is fascinating because no matter how granular you go, there are still people trying to make some money at every level.
There are still people farming Discord roles for some L2 you've never even heard of, creators taking part in agency raffle deals, and people minting some random NFT project for a $1 USD flip.
That's beautiful, because even though this sounds like a waste of time to most of us, they're still making money in crypto that can impact their lives
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A CT account and a dream
teams in crypto have at least 12 months cliff on paper
but the reality is:
> ecosystem & community incentives: 50%
> foundation: 25%
> advisors: 5%
are all different ways of saying "team"
while not being subjected to same cliffs as teams allocation
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Anthropic's IPO unlock schedules are worse than those of most crypto coins, founders only have a 6-month cliff, in crypto it's at least 12 months
Anthropic's IPO unlock schedules are worse than those of most crypto coins, founders only have a 6-month cliff, in crypto it's at least 12 months
her: youโve got to pay for dinner or Iโm making you run home through the abandoned forest again
me:
never date anyone
just buy crypto and secure your own future
meanwhile i'm single with a -$15,822 portfolio
hes done it again
Anthropic IPO effect on bitcoin:native
"The real TGE was the friends (fees) we made (off you) along the way ๐ฅน "
I don't like the trend of projects shutting down pre-TGE and being seen as somewhat heroic because they didn't extract.
It's incredibly disingenuous because people burn thousands, sometimes tens of thousands of dollars farming these airdrops, I know people who are down five figs on Abstract memes or paid high four figs in StandX fees.
Not doing a TGE just for the sake of it *can* be heroic, but only if there's adequate compensation for the people who used the products in justified expectations of being rewarded
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this is what CT looks like every morning.
we all do this right?
When you think about it, the creator supercycle never stopped, it's just different creators profiting now, launchpad deals go into six figures, and callout rewards hit five figures a day
Me waiting for wale to use his @
Is anyone still on Robinhood?
