Kritizen

@Chilearmy123 Cursor came out.

Is it just me or has Opensea shipped more in the last 2 months than they have for the last 4 years combined? What changed?

@shanicucic96 @cryptogorilla Constructive feedback: If you change terms after a presale you should in good faith allow people who bought in an optional refund.

I have to give it to @cryptogorilla on his video on Jirasan, $AGNT and $RDAC Both the pros and cons. While most people with any influence primarily focused only on what went wrong and mocked, this is a move I respect. We are looking at which points we can address ASAP. Constructive feedbacks/criticisms are welcome and valid 🙏

@waleswoosh If terms change after the investment round happens, that is shady practice and should immediately qualify for optional refunds. If an investors wishes to stay then that's on them. You can't just change terms after taking people's money.

On refunds: My entire timeline is full of this debate, so even tho no one asked for it, here's my two cents. For the people who haven't been paying attention: There is a debate about whether angel investors who invested in tokens pre-TGE are entitled to refunds of their investments. My opinion on this would be: It depends. In general, projects don't have to refund (unless it's in the contract) and angel investments are high risk. However, in my opinion, it's not a "here's my money, good luck" deal either. I've invested in projects that produce amazing monthly reports for investors for example and projects that I haven't heard from since writing a check in 2023. It's important to keep your investors in the loop, especially when there are delays. This brings us to the second point: Delays and changes in terms are becoming more frequent, which I think is a problem. I'm not talking about a few weeks here, but years. When teams miss an entire bull market to release their token and lose all momentum, I understand the frustration of investors (I feel the same way). Changing terms is another thing I personally have a problem with, for people who don't know what that means: Let's say you invested $10k USD in a token pre-TGE at $50M USD FDV, with 20% unlock at TGE at 12 months linear vesting. A few weeks before TGE, you are informed that terms have changed: 5% at TGE, 3 months cliff, 18 months vesting. In my opinion that’s not fair play towards your early supporters and should entitle them to refunds. Now after discussing all this, some people on the timeline say that the underlying problem is that the "wrong" people have gotten access to angel rounds. Either people that don’t understand it or don’t really have the money to participate in them etc. And again, I partially agree. Projects like SOMO etc put the average crypto trader into a sort of angel investor by doing public token rounds before the TGE, only to then delay the TGE multiple times. Now, you can say, "Well, it's their fault, they gambled their own money" - but if you look at the way these teams promoted the rounds, you get the feeling that the average person was tricked here, especially when it comes to the timing. And even tho $1k USD might not be a lot of money to you, for them it might be, and they would have $2k USD now if they would’ve just put that money in BTC instead of your public angel round. A lot of people also berate "KOLs" for bringing this up. But again, I think it's a bit hypocritical because these KOLs didn't just write a check, they provided something in return, such as posting about their investment or supporting the project in other ways. That was obligatory and a lot of times, teams were actively approaching them. All in all, I think frustrations on both sides are understandable. If you’re a team trying to make your project and TGE work and people who were excited about getting in on your token round a year ago are now asking for refunds before TGE, that sucks and can kill momentum. If you’re an investor and trusted the team on the terms and more importantly on the date & timeline of TGE they've given you, just to be ignored and, if you raise concerns or ask for refunds, get mocked on the timeline, that’s not great either. I don’t have a solution here tbh, curious to hear your guys thoughts

@shanicucic96 @leonabboud "Preach"? Bro literally just said giving you money was a bad investment 😂😂

@leonabboud Preach 🙏

If you invested in a pre-TGE company and are now asking for a refund, you never deserved the rights to invest. You get the upside and the downside of your investment. No more whining because of bad decisions.

@maverick23NFT Wow the @redactedcoin chart looks crazy. Holding our presales for a year to dunk on us with a public sale. Well played

waited 1yr for this to be cliffed and vested to infinity public sale individuals with little to no vesting will nuke chart to 0 as early investors and biggest supporters take the L well played

@resaang @shanicucic96 @JirasanOfficial Real. Imagine giving a presale and holding out on TGE for a year while changing terms and doing additional rounds (a year later). The back and forth on Shan's mindset here is worrisome if this is how he plans to run his business.

Hey Shan — I think offering refunds to $RDAC presale participants should be on the table. You mentioned last year that if a unique GTM wasn’t in place, this would be an option. The recent tweet foreshadowing that $RDAC and other ecosystem tokens may not perform well—while honest—is concerning. Given the significant delay from the initial TGE timeline (which was expected last summer), it feels fair for presalers to have this option. Please consider. 🙏🏻

Important notice for anyone buying @JirasanOfficial $RDAC $AGNT or any of our ecosystem products This is a tech startup and in no way we are gonna be perfect. I can promise the following: 1. Stick around no matter how difficult the market conditions are and keep adapting and iterating as demonstrated with our existence here since 2021 with almost zero or no funding back then and going through a couple of bear markets 2. Continue to develop products and be ready for new users and existing users to quickly onboard and be ahead of the game with the tools/products. We have launched products that have hit millions if not billions in volume and we are well equipped with the GTM 3. Listen to constructive criticism or feedback and try our best to adapt when and where needed. $RDAC tokenomics FUD we didn’t change anything coz we didn’t believe it was wrong and $AGNT we got the team to change when we believed it didn’t make sense 4. Continue to improve our comms and quality of content and updates While these are our promises, we expect people to keep the following in mind too. 1. Success of Jirasan, RDAC, AGNT etc is a lot more important for us than any single person or entity. Our entire career depends on this and we have given up a LOT more than people can imagine. Easier to buy a couple of NFTs and be an investor but giving up high paying jobs and trying to battle through thick and thin this is way more important for us 2. We are gonna do everything in our power in the coming weeks, months and years to try and make our ecosystem a Unicorn. There are absolutely no guarantees this will happen but we aren’t gonna rest till we hit that milestone and am positive we are headed in the right direction 3. If you feel the need to FUD anything the team does, you are waiting for a reason to quit/exit. This space fuds @VitalikButerin when ETH goes down despite him doing some phenomenal things so I am not suprised this happens but don’t expect me to keep quiet and tolerate non sense and comparing us to rugs or scammers. 4. No one is obligated to buy or hold. We appreciate the ones who do support us in this journey which isn’t gonna be perfect. We are doing what most can’t do quitting their jobs and taking a risk. This applies to not only us but any team that’s out here trying to give their best. Have seen enough in the space to not freak out and lose it all just coz of some people losing their mind. Problem is a lot of larps are disguised as “investors” and try to find exit liquidity and if that’s not achieved they bark like dogs. Having said this, $AGNT drop tmrw. Two plus years of blood and sweat by @jamkaa_mgl and team. They have Ben extremely frugal with their spendings taking 2-3k a month to preserve their liquidity and built a beast. Give it a read before just planning to dump it in a single clip 🫡

@nftboi_ Don't think that money exists anymore. Spent it all on a private jet flight with the founders and their closest KOL friends.

Dear projects who raised with the promise of a close TGE a year + ago, who have switched their terms around, etc., please offer refunds thanks the excuse is always CEX related or "waiting for the right conditions," well we have now seen multiple successful dex-focused TGEs and had months of super bullish price action no more excuses, do the right thing

@0xDith Runescape grand exchange

What's the best in-game trading experience you've seen? And the best / clearest UI? Can be in web3 / crypto or in web2.

@realjoeymUS Orange man bad

How did we go from “Trump is going to start WWWIII”… …to now being angry that Trump is trying to stop WWIII from happening? And explain it to me like I’m a five year old.

@menacetosociety Why stop there? I heard $10k eth by end of 2025.

Why would I be bearish we haven’t even hit $200k BTC

@ethFRENCHIE Yes to all of this. It's the age old office politics. Show conviction, but not enough to put your foot in your mouth. Most majors position these days is buy, reuse, build (in that order). All innovation is on your own time and dime but owned by the company.

I can appreciate that. Big companies aren’t inherently evil but by their very nature they tend to crush and destroy critical thinking. It’s why they almost always stop creating new things and instead just buy and integrate them. And then in a short while those innovators leave and the product stays…where it just makes money until one day it doesn’t…rinse and repeat. Those who rise to BigCo senior mgmt are often simply those who can navigate the maze the best (and often aren’t the most skilled critical thinkers like you might expect)…I’ve never met anyone with a true entrepreneurial mindset in a big company management org chart other than founders that have stuck around. In smaller companies you tend to have these people all over. Not everyone in a company needs those skills (in fact you need many that are good at other stuff) but when it comes to the best critical thinkers…those types are usually where that comes from.

If this is true then the workers were low on critical thinking to begin with. LLMs are an insane super power but proper prompt engineering requires robust critical thinking. Garbage in garbage out 100% applies. But when you prompt it correctly it can amplify your own capabilities 10x. I could not be a bigger LLM Stan than I am. I can’t see anyone that doesn’t use them (and use them well) stay employed in most white collar jobs in the years ahead.

@ethFRENCHIE Needless to say. Heard you're hiring 😂

@ethFRENCHIE And that's how it should be. You're right and my mini rant above is a causation of working for a company at the "too big to fail" status. The past couple of years have been hard getting new labor (new grads etc) because of this.

@ethFRENCHIE As a result most majors have stopped hiring new grads, and it's insanely hard to break into tech (low skill roles are all outsourced now). But...they are hiring mid careers (3-5 yoe), a lot. That's where we align, those who understand and use the tech correctly will prosper. EOT

@ethFRENCHIE Now you have unskilled labor using Gen AI, who don't actually understand what their code does. This is dangerous and I think will have lots of repercussions in the future for a lot of major companies who use these tactics. (This is almost all big tech btw)

@0xgiveon @ethFRENCHIE Definitely. Which is why employers love gen ai. It gets things to market much faster. But I think there are very real long term implications to this. I can see a big need for SWEs in 5-10 years to come clean up AI generated technical debt.

@Kritizen @ethFRENCHIE without it u ship stuff so much slower tho. the alternative is googling and reading through stackoverflow, but with genai u get the information that u are looking for. i don't see the harm in that

@ethFRENCHIE It's damaging their ability to learn and understand what their code is actually doing, and thus critical thinking skills. It will be *soon* that new grads with SWE degrees don't even know how to problem solve (in code) without a developer assistant. This is bad.

@ethFRENCHIE Generative AI in the developer world is absolutely causing issues in the software development world. Developers are very quickly gaining a dependency on coding assistants like chatgpt, Copilot, cursor, etc.