madame/acc(@madame1829):i know a lot of ppl are excited about getting the poly airdrop and probably won't like reading this but imo an L2 governance token can't justify a multi-billion valuation for a crypto consumer app they've already raised multiple private rounds and sold equity to investors $200m @ $1b $2b @ $9b $1b @ $15b equity vs token battle again! and eventually equity holders win because they have the legal edge and capture the cash flow while token holders get some governance and in-app utilities just my guess tho no idea how this ends maybe the polymarket team has something else in mind hopefully!

2026.08.12 14:54

i know a lot of ppl are excited about getting the poly airdrop and probably won't like reading this but imo an L2 governance token can't justify a multi-billion valuation for a crypto consumer app they've already raised multiple private rounds and sold equity to investors $200m @ $1b $2b @ $9b $1b @ $15b equity vs token battle again! and eventually equity holders win because they have the legal edge and capture the cash flow while token holders get some governance and in-app utilities just my guess tho no idea how this ends maybe the polymarket team has something else in mind hopefully!