We don’t want any involvement in this. Don’t tag us.
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We don’t want any involvement in this. Sort it out with wenzel.
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It seems everything has been sorted out by the moderators. I’m glad this forum topic was not closed out
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I forgot you are still trying to be good catpirate with this account. My apologies for associating you with bad catpirate at this time. If history repeats, it will come later. For now, I look forward to hearing your productive contributions to the forum.
My concern is how this further works to create a negative perception of the ICP ecosystem. I leant the hard way in my teenage years don’t play fully for anything upfront, after you have paid up front there is no obligation to deliver.
Also the economics of this doesnt work out, if you drain the treasury at the start of a tokenised project then the tokens that were meant to help fund the project long term will just become worthless. Why would I buy Boom Dao a token now?
If you need cash upfront the way to go about that is to sell equity in the project itself and became beholden to share holders through the legal frame work of the country the business resides.
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NNS/SNS DAOs are just a laughable guise of decentralization. The community and DFINITY should reflect on how to prevent a repeat of the ICP tragedy.
I originally thought that DFINITY would make significant improvements and test the governance system with SNS-1 DAO, but nothing happened until it was acquired…
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This shows we are early to this DAO thing. No one has figured it out yet in any ecosystem. Perhaps a centralized board of directors bound to legal contracts is the best we humans can do. We all say we want DAO and yet blame Dfinity when something goes wrong? When are the DAO members going to hold themselves accountable? I am not holding my breath.
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It was DFINITY who proposed this concept, used it to control billions of dollars in tokens, and called it the world’s most advanced DAO.
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The DAO members don’t even have a credible communication method based on voting weight. Just using reward mechanisms to force people to vote, ha～
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I’m sorry, I’m actually feeling a bit amused, no, it should be sad.
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If criticism is not allowed, praise becomes meaningless. We are considered loyal fans, but look at how many developers have left. The Foundation’s actions have greatly harmed the community.
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agreed. we should immediately start the construction work. BUIDL. #hackathon
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Rewards= incentives
This is how crypto works man. How else you going to get people to do anything If not for the possibility of getting the rewards for it?
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Not to be rude but @Sormarler
This is a lazy argument because One could say the same about how incentives were being pushed by FTX to onboard user liquidity
Fully agree.
Fully agree too.
They have only made throughput improvements and have no regards for security and safety.
its laughable indeed.
yeah where are the DAO founders and DFINITY officials who endorsed this DAO.
if you think about it, the BOOM DAO neurons are worthless right now. They don’t even have a functional product but raised funds and cashed out 80% of the treasury. What is the purpose of SNS exactly?
We got these images from Discord group
isn’t this the CTO of DFINITY endorsing this DAO? Where exactly is this gaming @Jan ? I thought you were more of a Museum and Wine kind of guy. Can you share your gaming handle for us?
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In case we haven’t been clear Wenzel. We have no interest in arguing with you or giving into your shenanigans. We are here only for information and discourse.
Feel free to address the issue, since you have been advocating for Boom DAO throughout their launch. You’re free to debunk any “FUD” or Lies here.
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Every SNS instance starts out with Founders/Developers controlling every aspect of the Dapp/DAO/Treasury
It was designed by DFINITY, piloted by DFINITY, promoted by DFINITY and pushed into production by DFINITY.
LOL, the ratio of @catpirate (banned) (aka @Ivan (banned) = @ivan_uncensored (banned) = @Artemi5 (banned) = @Apollon = @boomerfinity) tagging @wpb has been something like 100 : 7 in the last 24 hours and yet @apollon wants to twist the narrative to claim @wpb has been tagging non stop. Same tactics. Different name. Whatever you say @apollon.
That’s a great find. I don’t have any issues with that post. Seems civilized and makes great points. Nothing I’ve said is contrary to these points, which you would know if you would actually read my posts instead of pulling @CatPirate style empty accusations while simultaneously turning perfectly good threads into a circus with your spam comments.