So here's something I've been thinking about lately — if you dump your tokens on retail at like a $1B valuation with a 1-year lockup, do you actually owe them anything? 🤔
Like legally, is there ANY fiduciary duty to keep the price somewhat stable when unlocks hit? Or can founders just... let it crater to zero and peace out?
Because honestly, watching some of these token launches feels like: take the bag, ghost the community, price tanks 95%, and somehow that's just... normal now?
Not saying names but you know exactly which projects I'm talking about lol. The whole "we raised at $XB valuation" thing starts feeling like a trap when there's zero accountability after TGE.
Would love to hear if anyone actually knows the legal angle here. Because right now it feels like the wild west and retail is just getting rekt over and over 💀
Like legally, is there ANY fiduciary duty to keep the price somewhat stable when unlocks hit? Or can founders just... let it crater to zero and peace out?
Because honestly, watching some of these token launches feels like: take the bag, ghost the community, price tanks 95%, and somehow that's just... normal now?
Not saying names but you know exactly which projects I'm talking about lol. The whole "we raised at $XB valuation" thing starts feeling like a trap when there's zero accountability after TGE.
Would love to hear if anyone actually knows the legal angle here. Because right now it feels like the wild west and retail is just getting rekt over and over 💀