Everything points back to MetaDAO. Tokens have no regulatory clarity, allowing for nefarious actions by insiders. DATs are regulated, but are primarily used for predatory purposes by insiders. Most insiders in this market are looking for ways to extract value as opposed to create it. While MetaDAO adds certain frictions for insiders vs. the status quo, it provides significantly better protections for token holders and requires an "opt in" by insiders that acts as a signal of intent to act ethically.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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