all of these rugs are stopped by Futurkey.

So if you say, for example,

in Futurkey, funds go into a wallet

and they are controlled by the governance process.

So if you raise $50 million or $100 million in the ICO,

and then the team is like, well, we want to take it,

you know, we want to send it to our own finance accounts

and cash out. Obviously that market's going to vote no.

Bankless Nation, very excited for this next episode. This is the Bullcase for a few Tarky.

You've heard that term before. If you haven't, don't worry. We'll define it. How it's going

to make our tokens more valuable.

That's something we always want in crypto.

We've got two self-ascribed futards on the podcast today.

No, I did not insult them.

They are self-ascribed futards.

Felipe Montelagre is an investor at Thea Research.

He's actually been on the podcast before, talking about how tokens kind of suck

right now and they're in need of a revolution, let's say. But he is a long-term token bull. He's also

a Futarki bull. Felipe, welcome to Bankless. Thank you for having me on. Excited to be here.

We also have Profit on the podcast. He is a co-founder of a neat little project. It's called Metadal. This is a Futarky and Token launch platform on Solana. He, I think, is also a token bull, but he might call them, let's see, what's the term you use for this, profit? Ownership coins. Ownership coins, all right? Not just tokens. Ownership coins. Profit, welcome to bankless for the first time. Yeah, thanks for having me. Okay, we should do a disclaimer here. Of course, the project we're talking about a little bit today is Meta Dow. So profit is, of course, a co-founder. He's definitely pulled on the project. Felipe, I believe you are an investor in the project, too. So we should disclose that you're an investor. So naturally, you're bullish as well. That's the case. Am I correct?

That's right. Yeah. Investors of Medadale, investors in many of the companies that have spun out of Medadale. And it's not investment advice.

Very good. Very good. Okay. With that out of the way, I think I want to divide this into three parts to really set this up. So part one is kind of like, what is futarky? We need to understand what this means. And then part two is kind of the case for why our tokens suck right now, at least from an investor perspective, I think we all kind of feel that. A lot of tokens in crypto, they're destined to go to zero.

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