I've recently started to really like MetaDAO.
It is one of the most community-friendly projects, and when you think about it, it's quite similar to Hyperliquid.
There are many things wrong with our industry.
I'm personally quite upset by:
High valuation launches, how Launchcoin turned out, large VC allocations & airdrops that make tokens untradable (toxic flows).
MetaDAO feels like such an elegant solution to all of this.
1. Quality token launches with fair valuations and a framework to hold founders accountable and motivate them to push forward.
2. A system that protects META token holders from toxic business decisions, i.e., Proposals from VCs to accumulate tokens at a discount that got declined.
3. Community alignment for META holders as well as all ecosystem projects with locked treasuries, team tokens, and more.
The more I think about it, the more I realize how well this system works.
MetaDAO shows there is a different way to run altcoins, and honestly, that’s how every project should operate.
They already deserve respect for that.
From a speculative point of view, META also stands out.
We all know that there are only a handful of altcoins with actual intrinsic value, and META is one of them.
Their ecosystem is growing organically without any weird incentives, indicating there is a lot of value in these founders, which you might not see from the outside.
Their futarchy-based approach is exactly what an industry that is plagued by insider trading and misaligned incentives needs.
Pair that with sustainable revenue, and MetaDAO isn’t so different from Hyperliquid.
Everyone loves Hyperliquid for two things:
1. Real business value with tokenomics that put holders first.
2. A community-first approach that gives back instead of extracting.
Both statements also apply to MetaDAO.
I’m not saying META should be valued like Hyperliquid; they're totally different projects.
But I am saying we should give respect where it’s due.
Cudos to @MetaDAOProject & @metaproph3t
Data: @Blockworks_
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