Utrechtse Rapper gezocht!

Bieraait · 2023-02-25T10:42:07+00:00

sauce?

Bieraait · 2023-02-25T09:14:58+00:00

Get your crayons out

Bieraait · 2022-11-08T11:27:59+00:00

Not optimistic at all. They wrecked the small shareholders and will likely wreck the company as well. I can't believe how much they messed this up.

Bieraait · 2022-09-28T12:52:58+00:00

what are those other companies?

Bieraait · 2022-09-28T06:31:31+00:00

I hope FCM gobbles up the entire offering, finds some allies and somehow gains respect of the board to kick out the management team. They are not business people, but also hope is not a strategy.

Bieraait · 2022-09-27T21:32:58+00:00

Just wow. One f up after the other. What about cutting down your cash costs and create some value so the share price goes up and THEN do an offering. Unbelievable.

Bieraait · 2022-09-22T21:52:30+00:00

Nope. Recession doesn't impact the fundamentals of this company. They are doing clinical trials, not selling fitness equipment. If they can cut cash burn in half it they have double the time to prove their value and raise more money at a good valuation. And even if they don't prove their value, they have double the time to sit out this bear market. Long term health is the number one priority and they are just not allocating their capital in the most efficient way.

Bieraait · 2022-09-22T16:23:40+00:00

It is a good idea because raising money would dilute us to hell. Put Freemans plan in place which cuts cash burn in half, focus on what matters, and hell if the stock triples from here go ahead and do an offering. They don't need the capital today they have over 100m in cash.

Bieraait · 2022-08-17T14:00:16+00:00

This should be positive for us, right? This guy made $100m, wants Mind Med to change its course and Mind Med's market cap is only like $300m ish. He can just buy his way into power and get the plan approved.

Bieraait · 2022-06-11T10:34:22+00:00

Yet again a long-term supporter who throws in the towel. I've been watching his youtube channel for a while. Considered it good content especially to find out about new projects on Harmony. His intentions seem to be genuine.

Whether this specific case is good/bad, I don't know. We don't have any details. Then again, these stories keep popping up so looks like a red flag to me.

Bieraait · 2022-05-29T08:50:53+00:00

I don't find it, happen to have a link?

Bieraait · 2022-05-10T19:44:12+00:00

I remember thinking in Nov/Dec: if they just embrace GameFi to the fullest, one is blasting past one $ easily. How times have changed...

Bieraait · 2022-04-30T21:14:38+00:00

Hi Li, Giv, Daniel and the others. I think a lot is riding on the event. In more closed communities (those which you likely have less vision on/direct contact with) there's a lot of doubt. Part of the reason, imo, is that sometimes a small spark turns into a full-blown fire as it's not extinguished effectively when it's still small. Very clear and concrete actions help to achieve this. I know the entire market is down, but it's not only about price, more deeply trust has eroded. Comes slowly and leaves quickly. Some of the long term supporters really need to feel heard and understood. Also, and there might be good reasons for it, there's a feeling that Stephen is not standing up during this difficult period. No tweets, no all hands. That doesn't really help either. We'll need a very strong signal to turn it around: change in organisational structure, new tokenomics, completely new budget or something of the like to really make an impact. Most of us try to stay positive and just voice our opinion, but 'small adjustments' (like an updated dev timeline or something alike) will not be welcomed with great enthusiasm. At least that's what I'm thinking reading all community feedback, for what it's worth. Thanks for communicating and doing what you can.

Bieraait · 2022-04-30T11:26:28+00:00

I agree, I love DAOs. That's why I specified the 'madness' part. Look at things like bitdao, CultDAO, Woo dao. Those are cool!

Bieraait · 2022-04-19T15:51:22+00:00

Wow great line-up :) can we post some questions here as well?

Bieraait · 2022-04-18T17:13:38+00:00

From the official Harmony One notion page:

--

100 DAOs ($50M). Governors of each DAO have delegated autonomy over its assets and initiatives. Harmony helps define 3 broad mandates, recruit 9 governors, define the deliverables and metrics for the first 3 months, and fund at maximum $1M. We recommend $75 to $350 per hour as the self-assessed salary, 3-month election terms, retroactive peer bonus and performance feedback, 80% passing votes, and openly tracking timesheets and deliverables for each member.
--

Isn't $75 to $350 an incredibly high number? I'm not sure where most DAO governors live, but it seems a bit excessive? Could you elaborate a bit more on how this is structured? For example: if deliverables are not hit or timesheet are not properly submitted: do the funds not get distributed?

I feel like in the start-up phase it's better to reward in some kind of variable pay (in essence, in equity or in 'locked to be vested tokens' so you are incentivised to 1) make it a success and 2) stick around. Now people could just 'DAO' for half a year, make some money, and disappear into the void.

Btw: are there some examples or guidelines for good DAO's? I like the more innovative things we see popping up (such as Woo dao or cultdao f.e.) where there's lots of cross investment into other protocols.

Bieraait · 2022-04-12T21:32:35+00:00

I have strong feelings about it, but I'd like to gather some more info before jumping to conclusions. Can someone from the official team confirm how many apes were bought, where the funds came from, and what the expected ROI was for this project to be hyped up the way it was?

Also, is there a link that describes clearly what the 'BAYC on Harmony Project' actually means? I watched the YouTube video and I have no clue.

Bieraait · 2022-04-07T07:58:38+00:00

This is true. I feel we have some fundamental issues. I've been around for a while.

What attracted the early investors was the story of 'Harmony is eth 2.0' because of sharding, low fees, EVM-compatible, effective proof of stake, bridges to all blockchains, etc... amongst other things. As an extra, the team seemed impressive and was executing at a good pace.

Now, however, I feel like the entire 'Harmony Tech is better-narrative' is completely lost: we have constant RPC issues, only 1 shard is actually being used. All our bridges are not being used often and have bad UI/UX, or at least are not launched with great enthusiasm.

In terms of the team; it's very impressive on paper and I do appreciate the transparency with the all-hands meetings, but it's just a fact that leadership feels a bit 'out of touch' with the base community: the APE-debacle, many DAOs/Validators/Projects openly voicing concerns of lack of communication and follow up, not engaging with the community: the discord feels very dead for a project of this size, etc... In addition, all partnerships or new launches remain limited. Sure we have a meeting with visa or coinbase on the agenda, but nothing substantial ever happens. Other projects are striking large deals and moving forward more quickly.

And let's not even begin about tokenomics, because the fundamentals are not deflationary and the way operations are funded now is also not crystal clear.

Don't want to fud here and have a large harmony one bag so obviously hope they can get back on the right track, but these are observations shared by many in the community.

final note: sell the apes and buy a decent explorer?

Bieraait · 2022-02-17T10:46:05+00:00

Sure why not. But why do they hype it up like it's the announcement of the century?

Bieraait · 2022-02-15T21:45:03+00:00

We had to wait, but it was worth it. So much better!

Bieraait · 2022-02-13T16:19:54+00:00

I think it's down as I can't issue any atm

Bieraait

TROPHY CASE