lots of bad takes on the tl about @believeapp . yes the tokens are technically meme coins. yes the traders are mostly speculative capital from the trenches. but the devs are legit builders curated by the believe team and they are earning enough trading fees to not have to raise venture for a while. do ppl know how brutal it is to fundraise from vcs? and how nice it is to just get the money in the bank and focus on building?

*that* is the big unlock. its fundamentally the same idea as nft royalties that ppl praised a couple of years ago. is it the final form of crypto capital formation? idk, but its a big step in the right direction.