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Memo 0x3a4d720f…575f93 on Ethereum

Our greatest narrative is that anyone can come use the protocol, with the right idea and the right community, and build something that grows a treasury and proliferates their idea. From what I understand, seeding early stage DAOs has not helped that narrative, and it also may not have had the desired effect on the DAOs that we have sponsored in the past. The right course of action here would be to learn from the past and pivot to a model that could provide a greater, more sustaining benefit for both parties involved. I still want to help the Yellow Collective. I just don't think this is the way.