[vmception]

This is one company that went public with their disagreement

https://www.coindesk.com/business/2021/03/16/80m-deal-gone-w...

Most others do not because voicing anything means no exchange listing, no potential of support from Alameda/FTX and their partners

Many token founders are fine with it for the payday (like in Ren/Republic protocol) while all the tokens get dumped on their community

It is very common in the crypto exchange/advisor space for contractual arrangements to go “I’ll buy your illiquid treasury and wont immediately sell, trust me bro” and then they sell once the partnership announcement creates a bunch of fomo and liquidity to sell into, Alameda has the reputation of being that way. And then when confronted they say “it wasnt in the contract and there was no vesting smart contract to prevent selling either, we’re not in the wrong”

Not the most community collaborative to say the least, its very lucrative for them

[bifurcations]

Dang, I wonder how easy it is for the Alameda EA folks to rationalize this as being for the greater good.

"We're reallocating surplus speculator dollars towards AI safety?"

Probably helps that many token founders don't seem too virtuous when many are just looking to make a quick buck through copycat apps. But sounds like some earnest people are getting burned, too.

[vmception]

> Probably helps that many token founders don't seem too virtuous

This perception is exacerbated because this kind of stuff has been happening behind the scenes for half a decade

Many founders do want to collaborate with their community, a community that expects and begs for exchange listings, which the founders cant talk about in advance and the exchanges know that and basically extort them and dump on the community, making the founder look bad and radioactive from then on.

Many/most want their project to organically grow and get help from large whales along the way, but it's more likely that tokens which have high value and many coveted exchange listings have nothing organic about them at all and cannot be emulated. Any founder trying to emulate it get into these token crashing toxic arrangements leaving many community bagholders.

It is nearly impossible to tell the difference between founders, the best thing that has occurred is that nobody needs these exchanges anymore. liquidity went onchain.

[exdsq]

I personally don't see the issue with this assuming you're not running scams or building projects but purely trading.