qinbafrank
qinbafrank|Nov 15, 2025 04:10
Besides buybacks and burns, the organizational structure of crypto projects in the entire market also needs to evolve. Here https://((x.com))/qinbafrank/status/1929802154229014752?s=46&t=k6rimWsEbo2D2tXolYcM-A, A16Z has talked about how it’s time to end the era of crypto project foundations. A16Z believes that foundation members in crypto projects often take high salaries with limited responsibilities and are hard to dismiss. Essentially, they hold significant power with minimal accountability, no obligations, and high moral hazard. A16Z is calling for a shift away from the foundation model, advocating for a new system built with better incentive mechanisms, accountability structures, and scalability. Taking inspiration from Elon Musk’s trillion-dollar compensation plan https://((x.com))/qinbafrank/status/1987834159289786707?s=46&t=k6rimWsEbo2D2tXolYcM-A, which ties compensation to market cap and operational goals, the plan is divided into 12 milestones, unlocking in batches. Strong individuals and institutions are needed to drive the iteration and evolution of crypto project organizational structures. Only when the organizational structure evolves and responsibilities align with authority can real change happen. Governance by individuals is never sustainable or long-lasting.
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads