@Lukelintz @JordanLintz @HighKey hey guys... what's the story with the Better Bets $HighKey token? It's been radio silence. is the plan to pay back the DESO to the investors? doesn't seem realistic that you are launching the casino as presented ... but some communication would be great. thank you
Posted on @Openfund
i personally feel it is a bit disingenuous to say $74 million is the "total reserved"... even with the info tool tip that says "the total is computed by summing the USD value of each reservation at the time it was made"... the fact is that 99% of the reservations were with DESO tokens... and the total now is less than $10m. None of us who reserved with DESO are getting the dollar value of the reservation at the time, so why present it this way @mossified? It doesn't make much sense to me. maybe i'm in the minority.
Everything pumping. Regulatory scene is shifting. Deso treasury up significantly… yet DESO can’t catch a bid to save its life.
Literally does not get any worse than this for DESO.
It’s a joke. And people still say the treasury should not be used to buy back DESO - this is the most out of touch management possible
No fucking clue
The BTC in Deso Org treasury wallet is worth $220 million and the DESO token is trading at a $45 million valuation.
The Deso Org needs to figure out a way to bring the value of the BTC treasury to DESO token holders or they are failing miserably.
Make a statement for the holders who have gotten absolutely killed. MAKE IT CLEAR!! It's ridiculous already @nader @mossified
So tiresome watching the TWAP seller with the same damn never ending sell program
All signs point to an extremely weak case for the SEC to prove DESO is a security… that’s not gonna happen. the foundation treasury has $170m+ of liquid assets and this token is getting sold at $65m valuation.
Absolute garbage watching this every four minutes, nonstop
over 0.25% of the entire DESO supply for sale in the Coinbase order book at $6.65 per coin.
what a world.
I appreciate all the feedback!
I have been saying this for a while - from when Ash was running comms…
I firmly disagree with the thought that “it is too early to do marketing.”
Marketing should be constant and consistent. Doesn’t need to be “spending” to do marketing.
No one outside of the small OG circle here knows that Deso holds a massive amount of BTC in its treasury. NOBODY! That alone would cause the price to double from here, or more, if even one of the right investors knew this.
The groundbreaking technology that has been built with highly functional applications alone should be valued at 2-50x what it is being valued at now.
@nader is proud to state that he is backed by the biggest investors in the space - and rightfully so. How difficult would it be to have just ONE analyst at ONE of these investment funds write a post about the egregious mis-pricing of DESO relative to its BTC treasury holdings and its unique technology? Is that too much of an ask to just one of the early insider investors who is sitting on millions of dollars of gains?
Would it be smart to make this a priority for the communications strategy? Look at the list of early investors! Has this been considered?
Look at @nader’s Twitter profile … it’s the first thing he describes: “Sequoia & a16z-backed founder.” He’s proud enough to list them as his most notable descriptor - why is it that they have been completely silent when this is objectively the most undervalued crypto asset in the whole space? Why aren’t they showing even one bit of support?
There are many “marketing” strategies that could have been implemented and should be implemented regardless of the timing of the next application launch.
These are some of the discussions that should be taking place and I have been continually told that it is not yet time to do marketing - sorry I simply and strongly disagree with that line of thinking.
Unfortunately, DeSo cannot start marketing before the infrastructure isn't ready (promoting the BTC treasury is a form of marketing too). Imagine you bring DeSo to the attention of the crypto community right now. Everybody was flocking into DeSo just to see that we aren't ready yet to handle so many new users.
I have seen this with other early stage alt-coins I've invested into in the past. All other projects were pumping but my coin wasn't pumping - but rather falling. But then the price exploded from one day to another once the team had delivered.
Expect a good price increase starting around 10 to 14 days before Focus launch. Expect $DESO to switch to exponential price increases after the launch of Focus.
Maybe the Deso Foundation and @nader should get more vocal about having one of the largest BTC treasuries of any token network?
The point is to create value for token holders, correct?
I’m curious if there are any conversations with the star-studded line up of investors from the early days right now. The value proposition is so much better now, it’s hard to believe that there is absolutely no buying interest in DESO with BTC near all time highs.
I’m baffled.