body { -ms-overflow-style: scrollbar; overflow-y: scroll; overscroll-behavior-y: none; } .errorContainer { background-color: #FFF; color: #0F1419; max-width: 600px; margin: 0 auto; padding: 10%; font-family: Helvetica, sans-serif; font-size: 16px; } .errorButton { margin: 3em 0; } .errorButton a { background: #1DA1F2; border-radius: 2.5em; color: white; padding: 1em 2em; text-decoration: none; } .errorButton a:hover, .errorButton a:focus { background: rgb(26, 145, 218); } .errorFooter { color: #657786; font-size: 80%; line-height: 1.5; padding: 1em 0; } .errorFooter a, .errorFooter a:visited { color: #657786; text-decoration: none; padding-right: 1em; } .errorFooter a:hover, .errorFooter a:active { text-decoration: underline; } #placeholder, #react-root { display: none !important; } body { background-color: #FFF !important; }

JavaScript is not available.

We’ve detected that JavaScript is disabled in this browser. Please enable JavaScript or switch to a supported browser to continue using twitter.com. You can see a list of supported browsers in our Help Center.

Terms of Service Privacy Policy Cookie Policy Imprint Ads info © 2023 Twitter, Inc.

Conversation

Question for web3 enthusiasts: If a VC firm buys up all (or a lot of) the tokens in a web3 project at a crazy discounted/early price, & the public has to buy them at market rate do you think that is fair? Is it good for the ecosystem that this early insider trading occurs?

236

117

743

Replying to

most projects would prefer to raise directly from "the pubic", but accredited investor laws force them to raise from VCs instead not sure how you don't see the contradiction here

Quote Tweet

Replying to @derekmross

Still illegal to take non-accredited people’s money for them — even in Wyoming Federal laws

3

3

62

Replying to

and

I often raise directly from the pubic

6:34 PM · Dec 21, 2021

Replying to

and

lmfao

1

6

Replying to

and