BecauseYoureBored (Restructuring)

if @AskVenice truly thought their own token had upside they would have charged a premium for it. Instead the round handed @dragonfly_xyz 1.5M $VVV for FREE plus warrants on 5M more at $13.30, which was spot. Starting next july that vests up to 6k a day and every one of them is a seller above $13.30.... It's no coincidencetthe price dies at $13.30

Aug 17

Venice (@AskVenice x @ErikVoorhees) positioned itself anti-VC-presale, then handed VCs an enforceable security class plus 8-year warrants on 6.5M $VVV tokens Meanwhile token-holders pay claim-like multiples (9x circulating, 22x FDV, vs 14x for the equity) for an asset with no claim, in fact, **the raise monetized that spread** It's signaling to crypto that tokens are structurally junior ......everywhere Voorhee's became Harvey Dent. #Crypto #DEPIN

Jul 4

@hosseeb This is hilarious. Dragonfly needs the price over $13.80 so they can dump their tokens on retail and recapture their investment…. They can dump all their tokens and maintain their equity share of @AskVenice That’s all you need to know $VVV

Jul 4

Did everyone just scroll past the @AskVenice deal terms? **The warrants ARE a treasury sale** @AskVenice didn't avoid selling tokens. They executed a terrible forward sale of 5M $VVV: - 5M $VVV token price is capped at $13.30. FOREVER. - Timing option gifted to the buyer. - 8.98% equity surrendered on top. A programmatic sale of 5M $VVV at $13 spot raises the same $65M w/ zero equity given up. Less future supply. And the right to sell the next tranche at whatever the next mania prints stays

Jul 4

@nikshepsvn Squeeze into..... what? Squeeze a token float that has zero claim on the actual company? That -210% is just a 1-hour print annualized. $VVV is below the $13.30 strike, OI is up 14%, and liquidations are a flat $80K..... Nobody is trapped.

Jul 7

"If they don’t like the fact that now there is this dual structure and that they don’t have the same rights as the equity holders, well, they don’t have to buy it" Bro, what. $VVV implosion loading

Jul 3

Venice holders (@AskVenice), your motivated seller isn't waiting for 2027. The "lockup" on 6.5M $VVV constrains delivery, not exit. Nothing disclosed stops it: OTC desks buy locked bags at 50-70% discounts, and the standard buyer shorts perps 1:1 same day. The exit hits the derivatives book years before a token moves on-chain. [A] 1.5M granted free. Price-indifferent supply. Sells at any price. [B] 5M warrants at $13.30. Price-activated supply. Switches ON in rallies. The tape is already crys

Jul 5

Watching $VVV will be interesting. Personally, I don't think the crypto market will reward this. You can't have equity AND a token. They must be unified. https://t.co/S5Jn451KyD

Jul 2

"Nobody's selling crypto; they're selling @AskVenice " A warning to every team tempted to rank their token below equity on paper. $VVV https://t.co/LVJZ9ezZIy

Jul 7

@willyogo My guy, there’s nothing to peak. The “token” is irrelevant to growth capture, the equity took that. Hope this helps. $VVV

Jul 7