metadao appeals to a certain subset of 1st class founders and has found p/m fit (minimal evolvable product)
it ticks all the boxes:
→ first-rate team with fast execution velocity
→ has a path to becoming highly free-cash-flow generative at scale
→ founders are emotionally locked-in, highly trustworthy, and open-minded (responsive to critique, quick to acknowledge shortcomings, and never defensive)
→ founder allocations are incentive aligned: time + performance based (tied to mcap)
→ strong potential for a dominant market position (the name is strongly associated with the action: uniswap -> trading, aave -> lending, metadao -> capital formation)
→ strong potential for both a durable trust and distribution moat (the only two moats that really matter in crypto)
→ @futarddotio is exactly what the next generation of solo ai-powered founders will need
→ team is the best in the world at applied futarchy (and futarchy is the perfect governance mechanism for crypto's next phase: agents as primary users)
yet it's currently priced as if failure is almost inevitable (a mistake which, in my subjective opinion, won't last for long)
if you don't believe me or don't get it, i have plenty of time to try and convince you, sorry