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beast_ico
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In hindsight getting short every single coin when that reporter asked the TACO question was the most obvious position all month
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beast_ico
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Big afternoon for ico
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Some closing thoughts this evening on Loud: - taking part is amoral. It is neither right nor wrong. It simply is or isn't. - the same people who were crying about various chains not being decentralized/permissionless enough last week want to impose their own supposed moral authority on your decision making...curious - people keep asking me: "ico do you think loudio is going to succeed or fail?" to which I say there is no succeed or fail. It's an experiment. The outcome is the outcome. - Ultra is cool for developing and designing this experiment. It's something interesting to me. I think the IAO model has legs as a new distribution primitive. He will probably catch heat for the experiment at some point because most people here will never truly "own" their own trading behavior...don't be one of the people who goes after him. - I think i'm leaning towards the Easy camp that overall volume/fees might actually be higher if it was a 2/2 tax instead of a 4/4 tax, but who knows...and there's no way to A/B test it live. Overall it seems to me likely to be free money for anyone in the presale and I don't fault anyone for picking up free money.
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You can tell who, despite spending large chunks of their life online discussing cryptocurrency, still have genuinely no idea how to play the game They keep outing themselves by posting lists of themselves muting words like “loudio” and “Ultra” I remember when the same people fudded yaps all the way up until TGE. They will never learn. It’s okay to have fun and earn money on CT
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Realistic expectations on the loudio week 1 rewards... I would be extremely surprised if it hit 500m volume...think somewhere in the 100-200m range is much more doable...particularly if it gets big support from Yu and co. Which leads to rewards...I expect the top 5-10 mindshare leaders to all bag six figures for week 1 rewards. Sounds crazy but I really don't think it is. Also think Ultra probably will recuse himself from the mindshare board prior to distro because of already receiving the creator reward (that's not confirmed, just my suspicion) which should flatten out the reward structure significantly. I've got legitimately MASSIVE accounts in my DMs asking how to farm this thing...no one is immune. Really a fascinating social experiment.
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Finally got my very own ETH-inspired Kajino :) “Pierce to the moon” Seems fitting for what comes next Gonna get this printed and framed for my office
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