Sam Kamani
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Podcast Appearances
So you end up, and then there is transaction costs, all that.
So you could end up losing money at every loop.
And so it is 100%.
It's not advisable for someone new just dipping their toes into getting anything like that.
Yeah, there's so many, so many moving parts to something like this that, yeah.
And same thing happens in the track firewall that this is where people get into, get into trouble and all that.
Yep.
And I had the question here on, you know, how you talked about earlier about incentives that you didn't incentivize to the like extreme levels or anything.
In your point of view, what incentives work the best for long-term sustainability?
Participation.
Yeah, absolutely.
It's like, I know, I mean, it's like airdrop farming is big in our industry.
No other industry has anything like that.
It's very, very unique.
And, you know, most startups have raised funding.
So there is two aspects to every token.
One is the retail side.
You want retail to be incentivized.
But at the other side is that if they've taken venture funding, you want that venture funding to be incentivized as well to stay in it.
Because for VCs, they need to exit and then reinvest in the next batch of startups.