/biz/ - Business & Finance

>alienated fundamentalists by launching a governance token and giving themselves most of it
>alienated traders by airdropping it in the middle of a bear market as well as it having high inflation
>alienated retail by going against the very first governance vote and letting the centralized sequencer fail multiple times
>alienated link marines by letting their partnership with chainlink fizzle out
how did they fumble the bag so hard?

I CAN'T PUMP

I'm slurping

my ARBI stays RETARDI!!!!

>eth season is coming
>he didnt buy arb
are you stupid? do you hate money?

>>57028941
Thats why im here, little bro.

>I CANT PUMP

>I CANT PUMP

Is /biz/ holding Arbitrum?
Most likely a 100x in the coming bullrun

>Safest 100x right now out there
>Biz completely ignores it

I feel euphoric.

It's over.

I've been doing my own research and there are many new tokens on Arbitrum between 1M and 5M mcap. Are they worth a try? They're new, so they haven't pumped yet.

>Arbitrum airdrops billions to users and DAOs
>everyone expects Arbitrum shitcoins to start flying, especially since the gas is so low on Arbitrum
>ETH absolute shitcoins do 1000x instead, with gas being like $30 for a single transaction
lol, lmao even

Is ARB essentially just a game of musical chairs? No one buys it to use it, it's a governance token so it has shit fundamentals, and no one believes in it in the long term. Everyone just thinks it'll pump because Arbitrum is the new hype thing and they plan to get out before it dumps. How high can we really get with this kind of community?

Does the coin even have a chance?

Wait for it to drop more? Ignore? Scam?

the most manipulated piece of shit on the market

Started out as a real solution to scale eth in a decentralised way.
They were against having a token as it wasnt needed(Eds words). They hyped yo how Chainlink services would help them scale eth too.

Then they did a VC round
>release useless gov token that ignores gov functions
>never mention chainlink again
>stop all efforts to decentralise their services

So now we have a useless token(ed feltons own words) on a centralised(also their own words) system with basically no real plan to decentralise it. Fucking Kek. What an absolute disaster.

They cant even dump on retail right. They could have baked in the initial dump into the white paper or just waited a year for the unlocks…. But instead do a vote, get told no then say “too bad” What the fuck is this? Lmao so its not even a gov token wither? Holy fucking shit what a shitshow

can this piece of shit just pump to $2 already

Now that the dust has settled, what does this ACTUALLY do?

Was doing an airdrop too late a mistake? Should zkSync and other projects do airdrop early?

anyone can read that contract?
dev didn't leave any docs for the token