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Telegram-канал lobsters_chat - LobsterDAO 🦞

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LobsterDAO 🦞

i meant plasma as a counter argument sir

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LobsterDAO 🦞

Would be happy to chat, share thoughts!

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LobsterDAO 🦞

i mean we can all agree we just want to touch cobie’s hair

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LobsterDAO 🦞

i have done ~90 deals personally xd

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LobsterDAO 🦞

this is a long-known attack vector / governance failure however u want to paint it

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LobsterDAO 🦞

so vcs are still very viable imho

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LobsterDAO 🦞

i dont think its like that tbh

echo has done 100+ deals

the ones you see working out are either already known on ct or sometihng within your echo group (so basic dealflow exposure)

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LobsterDAO 🦞

It’s like accelerator without accelerator

Perfect ecosystem to launch any product and pass reality test with your concept by future users, who may act as backers

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LobsterDAO 🦞

Can exit your vested position by selling secondary, gives additional utility within our protocol too. Legally its nice also. Not sure why its not done much

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LobsterDAO 🦞

there are some very tightly curated ones like larry's BBC or marc's ACI and then ones with like 5-10-15K+ people. and running on the echonomist is basically getting a cobie endorsement

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LobsterDAO 🦞

i'm a big fan of giving away non-transferable tokens. they let users know exactly what ownership they're getting vs. with points you have to trust the team on the conversion. for doing sales, echo is pioneering new ways with stuff like https://vxtwitter.com/echodotxyz/status/1927422067801997336

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LobsterDAO 🦞

Hahah no, wasn't hacked, just lost my sim card :(( can send a video

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LobsterDAO 🦞

damn now i have to guess if you are an imposter hahaa

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LobsterDAO 🦞

yeps
not much to add

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LobsterDAO 🦞

Would love to hear your experience with Echo

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LobsterDAO 🦞

Yep, Plasma is a good example

Later in past November, they had a small raise in Covid group - smarts have eaten total size in literally seconds, mostly everybody fumbled

Later - they launched ICO on Sonar, and many guys mentioned that they raised at 40m FDV. Imagine a boom happening in people’s minds, when they realizing they may got in so cheap if they were more involved

At this point Echo and Sonar as a products complement each other

If early stages are too risky - any guy just waiting on Sonar, if he looking for early stages - he comes to Echo

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LobsterDAO 🦞

(someone tag inversebrah or how does it work on here)

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LobsterDAO 🦞

we'll see how this sleeve performs against some of my LP stakes as benchmarks 😆

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LobsterDAO 🦞

https://www.dlnews.com/articles/markets/crypto-bets-on-titan-sub-cause-uproar-at-uma-polymarket/

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LobsterDAO 🦞

like plasma would have figured it out regardless, with or without sonar

etc etc

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LobsterDAO 🦞

i can name you 20+ echo deals without strong vcs - an average person probably has never heard of them

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LobsterDAO 🦞

That’s what I talked about few days ago lmao, Great minds think alike😂

Aiming now on developing community OTC, that’s a great idea to be much actual soon

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LobsterDAO 🦞

Don’t get me wrong, I’m not saying VC’s are bad or sum, as you said it’s still good and useful and will continue to be like this

But Echo’s PMF will outperform tier2-3 VC’s share, they’re offers much better functions and options for builders

Imagine a team who raising their seed/private on Echo and then launch community offering by Sonar

What they need else?
CEX’es will see that narrative soon I guess

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LobsterDAO 🦞

Seen Sonar yes, looks good but I like the idea of an Echo group as it brings community preloaded. Just getting through the group lead barrier is hard from my experience. In the end we've decided on NFT-as-ICO, where users mint an NFT that comes loaded with an allocation of the token

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LobsterDAO 🦞

disagree, which syndicate on echo matters

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LobsterDAO 🦞

In nearest future, I guess 1-2 years timeline, “we’re backed by Echo” will cost as much as “we’re backed by Polychain”

Community Venture is the next phase, this type of funding gives much more then just money, it gives naming, raising FOMO effect, says “y’all can be involved”, in my opinion

Not everybody just understood it yet

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LobsterDAO 🦞

Do you have any good resources on early community distro programmes?

I was early team at Harvest Finance and 88mph, both had amazing starts with lots of value overnight to earliest users. It feels like that is less possible now, with speed of narrative change and amount of choice in protocols

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LobsterDAO 🦞

I have a new tg so pls double check you're messaging the right Josh ✅️

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LobsterDAO 🦞

will dm later today hhh

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LobsterDAO 🦞

Speaking of which, I need to go donate something to the Tornado cash guy's legal fund. I don't want to worry about going to jail for writing software

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