honestly don't get why a protocol would be "extractive" for | CamiRusso on Binance Square

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honestly don't get why a protocol would be "extractive" for making revenue from fees users and agree to pay
yes talking about pumpfun

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The EF went from seldomly mentioning DeFi to -- coming up with a term for the original DeFi promise: Defipunk -- spending half of its treasury policy doc on how it's going to support defipunk signals new focus on Ethereum's most successful use case. bullish

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honestly don't get why a protocol would be "extractive" for making revenue from fees users agree to pay yes talking about pumpfun

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a bit ironic that http://pump.fun tokens worst performing category after pump airdrop rumors speculation is traders sell memecoins to buy pump token

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NFT marketplaces are pivoting to become a place to trade everything - NFTs, memecoins, crypto but why would someone choose to trade a memecoin or crypto on an nft marketplace and not on an exchange or launchpad? no shade, genuinely curious - is there an advantage of having all these assets in the same place?

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Yes we need better token launchpads so that more legit projects can fundraise in public token sales with the necessary compliance and vesting tools -- Cobie's Sonar is a step in the right direction. But we also need tokens to be actual representations of protocol/company value onchain. That hasn't happened because there's still regulatory uncertainty. Tokens are the heart of web3. There needs to be a move from "valueless" "for fun only" tokens to actual onchain equity.

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