I’m also a large fan of Juan and IPFS.

What I find really deeply concerning is that the adviser sale raised some 57 million USD plus. Selling out the entire flat part of the supply before anyone else was let in. Also there is no way that the advisers are all advising as much as scooping. Someone like yourself might be delivering real value, but the Twins and Barry…?

How do you justify that at the end of this sale the last entrant will be buying 0.5% of the sold supply for 20% of the raised funds?

This screams greed, the most obvious answer is that it was set up this way to benefit the large “advisers” and was probably strongly pushed by them.

Honestly the ethical thing to do would be to denounce the model.

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