Shockky

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Shockky

Shockky

@Shockky23

Never stop learning.

🆃🆁🅴🅽🅲🅷🅴🆂 Beigetreten Aralık 2021
2K Folgt975 Follower
fity.eth
fity.eth@Fityeth·
Liquidating everything. Most of this is trash. One real project only. If your team is solid, I might even help you pump your bags. Send it.
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Shockky
Shockky@Shockky23·
Retail is nowhere to be seen 😂
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Shockky
Shockky@Shockky23·
They launch missiles when BTC pumps.
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Moonshot
Moonshot@moonshot·
Big week
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Shockky
Shockky@Shockky23·
Don't know who reported my account
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Shockky
Shockky@Shockky23·
Memes will run again.
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Shockky
Shockky@Shockky23·
Nice
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Shockky
Shockky@Shockky23·
@unaboysweb3 What happened to your income Thread competition?
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Unaboys
Unaboys@unaboysweb3·
only killua and phantom troupe gave us a 4M runner in less than 4hours no group did it i prefer a 4M runner instead of 40k toppers with 10 bundles wallets Lesson.
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Killua
Killua@cryptokillua99·
Now that we’ve moved past the comparisons with other coins, we can restart. Everyone who made it in crypto, especially the big whales, has that mysterious aura. $INCOME captures that image perfectly. Cults are made through hardship and emotional connections. This has all the ingredients to become a 1B coin. Few.
Killua tweet media
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Shockky
Shockky@Shockky23·
@Web3god002 We all need a mini bull run 🤣🤣🤣
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web3god
web3god@Web3god002·
@Shockky23 Depends what you value—clarity could help legit projects, but it also brings stricter oversight. It’s not just “pass = good,” the details matter more than the headline.
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Shockky
Shockky@Shockky23·
Clarity Act needs to pass
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Unaboys
Unaboys@unaboysweb3·
If you argue with a fool, you end up looking like one too. If a fool says you’re crazy and you reply… who’s really the fool? If someone calls you a scammer , accept it and keep building. If someone calls you legit , accept it and keep building. Two days ago, they all asked for airdrops, today we are scammers. Knowing who you are matters more than seeking validation from others. At the end of the day it’s YOU vs YOU
Mikasa@mikasasolslayer

Someone sends you $18k (at ath) of a token and instead of selling it you decide to bagwork it a little and give tokens to other bagworkers. You didn't sell a single token or made 1$ profit and lost many hours doing all this, but still you get blamed for shilling a scam.

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Shockky
Shockky@Shockky23·
@lex_node Can't read everything. Someone plz post the gist
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_gabrielShapir0
_gabrielShapir0@lex_node·
equity securities are great (esp if tokenized!), utility/meme tokens are great, but the one thing you can do with securities that you can't do with utility/meme tokens is give holders real, direct economic rights if you give such rights to tokenholders, then the utility/meme tokens are themselves securities or every sale/purchase of them will be a securities transaction this is a red line that imo will never be legally crossed, because crossing it would be the same thing as abrogating the securities laws wholecloth (or making them "opt-in"...same thing, since no one would opt in) many of us have worked very hard to at least help Congress and regulators understand that tokens having governance rights within a system that includes entities shouldn't cross that red line--that's something! you can see it spelled out clearly in most of the CLARITY Act drafts it hopefully means, for example, that tokenholders via voting could have influence over who comprises the board of a grants BORG funded by a DAO, or a BORG that holds critical DAO-related IP and what it does with that IP, etc., without rendering the tokens or most transactions in the tokens securities... but those are governance rights/powers...not directly economic! in contrast, a business entity will never legally be allowed to give tokenholders dividend or M&A payment rights, for example...the moment it does, they would become securities, with all the illiquidity etc. burdens of securities and no, I don't believe the complicated schemes from projects I won't name, claiming "oh yes the tokens give you economic rights, but only if one person holds at least 30% of them", are going to be permitted/legal...in the U.S., imo, they are clear wink-wink/nudge-nudge securities law evasion schemes and run afoul of all the anti-evasion rules, at minimum, and probably a lot more than that (tender offer rules, swaps rules, etc.) and people who think these projects have some genius loophole figured out should ask themselves: why doesn't the launchpad entity pushing the model use it first and foremost for its own token? supposedly it gives holders almost all the economic benefits of equity with none of the securities law burdens...that should be a total no-brainer for any company...they should be dogfooding it, raising their own rounds structured this way, proving it's legally sound by taking the risk themselves first...but they don't, and won't, because they (or their lawyers) know better...which tells you everything... in the U.S. we have the most pro-crypto SEC, regulators, and politicians we are ever going to get, and they are not saying anything different...they are not proposing to make the securities laws opt-in by letting tokens have dividend rights etc....read their last statement, it does not say this or anything like this, it actually says the opposite, and every time it mentions non-securities tokens, it stresses that they "do not have any rights or interest in or with respect to a business enterprise or other entity, promisor, or obligor" or "intrinsic economic properties or rights, such as generating a passive yield or conveying rights to future income, profits, or assets of a business enterprise or other entity, promisor, or obligor", but rather at most have "a limited license or other intellectual property rights" for collectibles or "governance rights with respect to the associated functional crypto system", etc. you can hate it, you can wish it were different, you can build complicated financial rube goldberg evasion schemes with offshore entities that won't stand the test of time...but imo the red line of 'no economic rights in a business enterprise for tokenholders' is real and here to stay we have pushed things as far as they are going to go short of simply canceling the securities laws entirely, and should be amazed we got as far as we did without a lot more people ending up fined or in prison conversely though, I'm not sure people *should* hate this status quo...because the other side of the coin [sic.] is that securities are not very good at accruing value from trustless systems, being pure bearer assets, being used in remittances, powering cypherpunk apps, etc....they have too many offchain dependencies and are too bound up with the legal system...they cannot be predicates of "autonomousness" in the DAO sense of "autonomous" so imo, both securities (tokenized or not) and non-securities tokens have important and distinctive mechanisms of value accrual, and we need both in general, and many projects need or should want both... I totally understand people may not want the brain damage of trying to navigate both, or figure out how to hold both, and I also super appreciate teams that push the envelope to make their token as valuable and trustworthy as possible, but disregarding every dual equity/token project as a scam or as bad means: --> you would've missed out on BTC because it's also possible to own Blockstack equity & they could theoretically pvp --> you would've missed out on ETH because it's also possible to own Consensys equity & they could theoretically pvp --> you would've missed out on BNB because it's also possible to own Binance equity & they could theoretically pvp --> you would've missed out on UNI, AAVE & others because it's also possible to own equity in their Labs companies moreover, even most projects that don't have an equity issuing labs company could form one at any time, and that could pvp the token...we saw this, for example, with SushiSwap and other notorious 'DAO takeovers'.... you can see this exact debate playing out live right now with @pumpcade...@PopPunkOnChain raised ~$6M of equity across two rounds while the $PUMPCADE token was live and trading, and the discourse around it basically is the debate this post is about...I don't have a strong take on that specific cap table and I think the team deserves credit for building a real product in public, but the fact that the whole space is arguing about it proves the point: dual equity/token is here, it's structural, and the answer is better tools--not pretending the question away... the only exception to that risk I know of is @MetaDAOProject, which requires projects that launch on it to prohibit equity issuance via a @MetaLeX_Labs integration...so if you're bullish on that model, great, you have an awesome option with a top-tier elite team and community trying to make it as scalable and trustworthy as the law allows... but there is not one size fits all...and, most importantly, there is a lot more we can do to make sure as many people as possible have access to actual securities--for example, last week at MetaLeX we launched ACE so more people can hold both securities and tokens like VCs do....it also adds more covenants and transparency for how teams manage token treasuries, and there are even more ways projects and communities could keep improving that aspect...@AragonProject's and @DefiLlama's recent token ratings schemes are another push in the right direction... ....overall, we're talking about corporate finance and project finance....having lots of options is good, is not ideological, and certainly is not zero-sum, as projects that make sense for a dual equity/token structure are likely not the ones that could go token-only...and vice versa, many projects (eg a new blockchain) do not make sense to accrue value to securities...
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Killua
Killua@cryptokillua99·
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panda
panda@pandaa·
Who needs 1 SOL?
panda tweet media
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