/biz/ - Business & Finance

>Be a (anon) dev
>Builds a random ''community governed''<--- DeFi project.
>Allow VC's to buy allocation with discount to help fund the project.
>VC's shill , paid twitter/youtube crypto celebs to help shill.
>Defi shitcoin moons 1000% +

>Devs, VC's, whales deliberately flood the pools with ''hurdurr community governance tokens'' causing a massive supply/demand imbalance. Result - shortage of ETH.

Noobs (you) rush in - sending your precious ethereum - to ''balance'' out the pool, in return you ''farm'' I mean exchange your Ethereum for community governance free erc-20 testnet meme token

Devs, VC's, whales receive Ethereum.... you're stuck bagholding a erc-20 meme token.

Anon dev now decides to ''let the community govern''......... quietly abandoning the project with your Ethereum.

So the business model for DeFi is
-hurdurrr community governed meme.

Be a dev
Build a random shitcoin project
Get VC's involved
Let VC's do the shilling
Dump your shares
Let community govern?

>>8679803
nigga dats some cracka babby ive been babysittin cracka caught brain damage fuck u whachu gonna do whiteboi
YEAH team chocolate in da house fuck you bitch ass crackas

>>8597940
Fuck his woman and make him raise your child