MARKETS DAILY: Featured Story | The PulseChain Sideshow Tent Is Collapsing
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 3 June 2023
⏱️ 5 minutes
🧾️ Download transcript
Summary
For some crypto projects, actually launching is the worst possible plan.
A Featured Story: This is an opinion piece by David Z. Morris, CoinDesk's Chief Insights Columnist, titled: The PulseChain Sideshow Tent Is Collapsing.
This episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
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| 0:58.9 | It's Saturday, June 3rd, 20 2023, and this is Markets Daily from CoinDesk. |
| 1:00.9 | I'm Adam B. Levine here going through a weekend story. |
| 1:03.6 | On today's show, we're exploring a dimmer corner of crypto. |
| 1:07.7 | And just a reminder, CoinDesk is a new source and does not provide investment advice. Thank you. Investment Advice. |
| 1:20.8 | Today's featured stories in opinion piece from David Z. Morris, |
| 1:22.7 | Coindex chief, Insights columnist. |
| 1:27.1 | Our piece today is entitled, The Pulse Chain Sideshow Tent is collapsing. |
| 1:34.8 | One of the perverse truisms of crypto is that for a certain kind of founder, the clearest path to success is to never actually build anything. |
| 1:40.4 | Token presales incentivize infinite delay because you can cash in so effectively on grandiose promises, |
| 1:44.7 | and the reality of what you create is always going to fall short of those fantasies. |
| 1:50.5 | Backers of Richard Hart, longtime crypto-racantor, and leader of the hex and pulse chain projects have spent the past two weeks learning that the hard way. |
| 1:53.3 | Pulsechain and PulseX, essentially clone of the Ethereum smart contract platform and the |
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