Projects launched DAOs and promised value accrual to token once protocol is profitable.But when protocol is profitable, suddenly equity gets the upside.As for tokenless projects like Kalshi, Polymarket, why launch token and give 60% - 70% of the tokens (and revenue) away when you can keep larger share to yourself via equity.Incentives are broken in crypto. ...

Pro tip from @DariaChernozub :Skip the fake-decentralized 'foundations' (they’re just corporations cosplaying).Bet on real user-run DAOs and open-source protocols that guard your privacy. https://t.co/V0aYvBkdij ...

And homeowners associations are just an example. With DAOs, there are no power grabs or unauthorized spending.Every proposal self-executes only once members approve. https://t.co/sr0HyArvrc ...