I get it, there’s no crying in the casino. So I guess what I want is for this not to be just a casino.
I want there to be (ideally, here) a tokenized capital market with *some amount* of structure. But the more I reflect on native-gate the more I realize how far we have left to go. The bankruptcy proceedings were held on Friday night telegram. That’s very unserious.
Builders complain about the short attention span of token traders. They urge them to think long term and invest in long term builders. But if there’s not a contract behind it (smart, or paper) then in the limit they very likely go to zero.
Even if the project is wildly successful, how confident can you be that someday there won’t be a message in some TG group that tells you to click a button in the next 30 minutes to be eligible for the v2 token or some dumb shit. I guess there are social pressures not to do this, but I think we’ve proven its limited effectiveness.
I feel like rainbow’s token launch is a step in the right direction. QR is probably the closest thing in my bag currently. Opsys on track. Maybe someday clanker will get there. Feel free to tell me about others.