Jeff Dorman
Jeff Dorman
TRUMP-USDT
TRUMP-1.13%
$TRUMP token exemplifies how tokenomics & value capture can change. While dismissed as a “meme”, the Trump team added functionality to the token last week by announcing the top 220 holders of TRUMP will be invited to dinner with POTUS. $TRUMP surged ~100% on the news. Thread 👇
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Everything Trump does is polarizing.  So some were quick to point out that since Trump, his family, & his businesses own the majority of the tokens, he’s essentially instituting a “pay-to-play” scheme dressed up as a meme coin - a clear ethics violation.
Citizens for Ethics
Citizens for Ethics
President Trump is hosting a dinner for the top holders of his $TRUMP memecoin. After announcing the event, the price of Trump’s coin surged more than 60%. Selling access to the presidency? That's a blatant ethics issue...and it should concern every American.
More companies will do token holder-friendly announcements w/out fear of gov't retribution.  Between $TRUMP adding social benefits in the form of a dinner, or companies adding financial benefits via buybacks, tokens with good tokenomics are outperforming
DWF Ventures
DWF Ventures
Token buybacks are gaining momentum, especially among top revenue generating protocols. Buybacks are a way of sharing revenue with stakeholders, with the goal of increasing value of tokens. However, does it always achieve its end goal? 🧵
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