mtn We raised $5.7m through ICO and then used 10% USDC and 10% coins to form a pool The raised funds were used to make a DAO, claiming to make DAO decisions through prediction rather than the traditional method of holding coins for voting governance. I don't quite understand the specifics What is stir frying The governance approach of equal shares, equal rights, and prioritizing money The representative work of this method is called Meta, and currently there are still 20m available. And then this governance method gained Paladin, a16z， There are still a few top VC endorsements that have been discussed for many years, but have not been widely discussed Upon careful analysis, it may not seem like there are any fancy ideas, but blockchain is designed for consumption and support. I vaguely remember the last DAO I couldn't understand was called Cult. Cult is pitiful. After two months of washing after issuing coins, it increased by 1000 times There's another bonus point This is what he defines as a VC MNT itself has another sector that focuses on this, so compared to AI16Z, which has no investment ability, this MTN has a unique positioning with a relatively hardcore founding team background and the opportunity to be selected by big shots There is a possibility of fund FOMO that cannot be understood What is the risk like I think it's okay because the 5.7 million USDC he raised was not directly given to the project team, but went into DAO's treasury for voting and making money. The last time the national treasury amount was greater than the market value, it was still the people So I think it's safer to fall below 0.4 again. Even yesterday, some people suggested taking out 100000 yuan from the national treasury to raise the coin price to above 0.57 and the price to book ratio to 1 before proceeding If you don't run away, don't be soft So MTN is a more suitable investment target for barbell strategy Going down won't be cheap, and the price to book ratio is too low. Going up, I can't understand it anyway. Maybe there are great scholars debating, or maybe using 5 million yuan in cash to do some performance art?