This applies to nearly all protocols & projects in crypto: pump, arbitrum, uniswap, etc..
Are token holders second class citizens to equity holders?
Are token holders funding entities which they don't own?
Fundamentally broken
Every project with a separate foundation, equity owned company, and token dao is fundamentally broken:
Equity holders and token holders will always be opposed when they are different people vying for power.
@MIDAODS solves this with legally recognized DAOs.
No more equity.
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