Weekly Roundup 12/31/21 (Year in review, why gamers hate NFTs, 2021 predictions evaluated) (EP.273)
On The Brink with Castle Island
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Tokens - A Capital Raising Mechanism?
The next one was a major stable coin with more than a billion dollars o free float, suffers a bank run and trades under 90 cents on the dollar for an extended period of time. That one did not happen. Next one that you had was investors start to question the qualities of governante tokens and begin to demand more explicitly codified token holder rights. I think people were pretty happy with this model of governance. Nothing's really gone badly wrong with them yet. It doesn't matter if these things are backed, ultimatelyi i think there were stable coined crises and stable coin solofs.
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