Inside the Stargate Acquisition Battle with Robinson Burkey
The Rollup
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Acquisition Bid Analysis: The Stargate Protocol
This chapter delves into the complexities surrounding a contentious $10 million acquisition offer for the Stargate protocol, initially misreported as $110 million. It highlights concerns about transparency in the bidding process, the concentration of decision-making power among a small group of stakeholders, and the reactions of disenfranchised community members. The discussion also reflects on the challenges of governance within decentralized organizations, emphasizing the necessity for fair voting mechanisms and thorough decision-making in future acquisitions.
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