wassielawyer (哇西律师) (@wassielawyer) 's Twitter Profile
wassielawyer (哇西律师)

@wassielawyer

Biglaw restructuring lolyer turned hentai penguin in suit.

ID: 971177546317524993

calendar_today07-03-2018 00:15:45

7,7K Tweet

31,31K Followers

1,1K Following

wassielawyer (哇西律师) (@wassielawyer) 's Twitter Profile Photo

I’m actually fairly ambivalent about the outcome of the US elections. If Trump wins, my bags pump in a friendly regulatory environment. If Harris wins, people will start to actually understand the need for an alternative financial system.

wassielawyer (哇西律师) (@wassielawyer) 's Twitter Profile Photo

Had a great catchup with Deeps and Shawn @ Artichoke Capital last night. Takeaway was that everyone needs to chip in to bring new money into crypto. By getting off your unemployed ass / quitting your web3 vaporware gig, finding a TardFi job and using those monies to buy crypto.

wassielawyer (哇西律师) (@wassielawyer) 's Twitter Profile Photo

Exactly. Why would I want those poor normie fucks to come in and farm 10k a month of my money bc I invested in the Web3 vapourware startup they are working at. They are literally taking my money. No sir - I need my lazy crypto friends to farm TradFi money to BUY MY BAGS.

Umi 🎒 (@umikathryn) 's Twitter Profile Photo

Let’s clear up a common mix-up: Vesting vs. Lockup. Vesting is about when legal ownership of an asset transfers to stakeholders—crucial for aligning employees, advisors, and service providers with your long-term vision. Lockup, however, controls when those assets (like

Let’s clear up a common mix-up: 

Vesting vs. Lockup. 

Vesting is about when legal ownership of an asset transfers to stakeholders—crucial for aligning employees, advisors, and service providers with your long-term vision. 

Lockup, however, controls when those assets (like
wassielawyer (哇西律师) (@wassielawyer) 's Twitter Profile Photo

If I ever design a governance token, I'd force people to take relevant tests and your allocation depends on your performance. Or maybe instead of allocation you take the test before participating in governance and a modifier to your voting power is applied based on your score.

Umi 🎒 (@umikathryn) 's Twitter Profile Photo

On the topic of navigating token offerings for startup founders: Understand the key differences between Reg D and Reg S. - Reg D allows you to raise funds from accredited U.S. investors with less disclosure but limits marketing. - Reg S, on the other hand, enables offerings

Umi 🎒 (@umikathryn) 's Twitter Profile Photo

Additional nuances under Rule 506(c) and Rule 506(b) that are geared towards fundraising efforts for startup founders: Rule 506(c): This rule allows startups to engage in broad marketing and general solicitation to attract investors. For instance, a startup could run a Super

wassielawyer (哇西律师) (@wassielawyer) 's Twitter Profile Photo

I've always maintained that the fairest way for VCs to invest and for the community to not become exit liquidity is a 'decentralized launch' where 100% of the tokens are sold to community via auction and used to cash out VCs at no higher than a pre-determined valuation.

wassielawyer (哇西律师) (@wassielawyer) 's Twitter Profile Photo

The problem with decentralization is that founders love decentralized responsibility but want to maintain centralized power. Until founders (and insiders) are willing to build something awesome and truly walk away, the project will always be limited by its creators.

wassielawyer (哇西律师) (@wassielawyer) 's Twitter Profile Photo

DePIN is basically RWAs with an actual use case beyond “I’ve tokenised some piece of shit that literally gets no benefits from tokenisation using a crappy legal structure that doesn’t work - now buy this piece of shit for far more than its market value”.

R🐽ter (@0xrooter) 's Twitter Profile Photo

.wassielawyer (哇西律师) is the lawyer who ditched the suit to give legal advice on twitter in his pajamas. he's got some bangers online, let's hope they translate to bangers in-person! watch him perform for the first time ever at stand up only night!

.<a href="/wassielawyer/">wassielawyer (哇西律师)</a> is the lawyer who ditched the suit to give legal advice on twitter in his pajamas.

he's got some bangers online, let's hope they translate to bangers in-person!

watch him perform for the first time ever at stand up only night!
wassielawyer (哇西律师) (@wassielawyer) 's Twitter Profile Photo

Agree. The only physical infrastructure you need in DePIN is the human brain which allows for imagination and delusion. Coordinated on a global level - you get memecoins!

wassielawyer (哇西律师) (@wassielawyer) 's Twitter Profile Photo

Probably a bad time to post this given market conditions but nothing gets me more excited in this space than speaking to others who see the potential of crypto beyond the pure dollars.

wassielawyer (哇西律师) (@wassielawyer) 's Twitter Profile Photo

Before you launch your token - make sure you have: - a fall guy - a false passport - a reliable money laundry Non zero chance I might mix this one up with my other Token speaking event (a standup gig)