GhostOfSol

im gonna FUD @dmdotfun and give you pros and cons of this presale. to me, it's garbage pros. 1. matrica team can ship, and has done a lot for the space, and solana in particular 2. intro video looks good, and shows some PMF in the memecoin space (but its just an afetr effects video) x.com/dmdotfun/statu… 3. there are some FAQs on the @metaplex genesis website (good to have some info) cons 1. metadao is proving a great system for fundraising, and this is not. it is repeating the past, which are up a little bit, then down only tokens. 2. website has no doc links, or info to do any due diligence. you are blind. even matrica's discord has nothing. 3. the demand they thought they had, they dont. 21 hours left, but the allowlist was barely scratched 4. tokenomics are really poor. allowlist raised 1427 SOL. they wanted ~13,000 5. public phase, they want 35,538 SOL FDV is 66 mill 6. i know this is crypto, and mcaps are bs, but lauchpads are a crowded space, and it's far too high. 7. 30% is for community airdrops. so why buy in the public token sale. $JUP is a great example of how to have a great product, with poor tokenomics. they know it, and theire tokenomics are better than this. why repeat the same mistakes? dont go and just give away your tokens. get buy in. 8. treasury unlocks 10% day 1. why? you are aiming to raise $9.4mill. why then have another $1 mill unlock, day 1. 9. this could be the next pump fun, and maybe 66m fdv is fair, and likely i have become too much of a futard. (i doubt i am enough of a futard tbh) but... there is no info out, on the value here. and so how does the market respond to this? quite simply, by not funding it 10. the last faq i dont like. you take the risk, like we have all cycle, and normally we are exit liquidity immediately. and if you take the risk, you arent rewarded for your degeneracy, no, the extra tokens go to the community allo with no transparency. 11. we dont know when this launches. we dont know how buggy it is. and if it was raising $5 mill, at like a $7-10mill fdv... that might be fine. if it was amaZING tek, then they would produce revenue, keep some, expand, build a moat, and all would win. but, instead there arent even breadcrumbs to research.

Alpha: 350k marketcap. Reasoning: The cult behind the futarchy tide shift led by my @metaproph3t 🐐 $futardio ♻️ $meta

also haven't seen talked about that much on the timeline but @UmbraPrivacy currently trading at ~7x for ppl who did presale on @MetaDAOProject core issue w/ @solana that has emerged this cycle is **too many tokens & **launchpads w/ lack of accountability for projects believe that what will drive $SOL higher will be the internet capital markets thesis around real protocols w/ token+equity alignment for users & builders - memecoins were great stress test for the network & great POC for why cheap txns + high TPS is important for an L1, but it should and will facilitate a lot more activity in other areas as well