Post
Topic
Board Tokens (Altcoins)
Re: The Standard Protocol is a next generation monetary system
by
jaminunit
on 28/07/2021, 10:49:38 UTC
First of all,,, funny that people still call themselves founders of stuff and then they also call those projects decentralized. But I guess just so they call themselves part of Defi.

Misleading and complex information does not worry investors,,, panic sentiment without basis is that does. Everyone is in anxiety mode, bull or bear market:)

I totally understand your concern. We chose founders because we are not CEO or CTO. We are 5 people that have thought about the issues with projects like MKR and how to make them better. We have invested resources and sweat into building this out over months and are now in the process of decentralizing and opensourcing. Our team is already 10 inhouse and we hope that this won't grow much more because now we want to grow the DAO. The DAO will have the treasury that is raised from the token distribution and will contract people to work on the protocol.

DAO's are one of the most interesting ideas since bitcoin itself. They are the absolute pinnacle of anarchic and cypherpunk philosophy. Eventually, we hope that this project will be spread out as much as possible with no central point of failure.