Ethereum co-founder Vitalik Buterin distinguished between "the open web" and "the sovereign web" in Farcaster post, urging developers to build privacy-preserving applications and wealth-building tools without dangerous leverage while criticizing "corposlop" corporate platforms optimizing for engagement and data extraction at users' expense through walled gardens and dopamine-maximizing algorithms.
Pump.fun co-founder Alon admitted the creator fee mechanism incentivized low-risk coin creation over trading activity, announcing market-based approach where traders decide revenue-sharing arrangements as platform faces expanded class-action lawsuit including nearly 5,000 internal messages alleging coordinated insider access to newly launched tokens while generating $722 million revenue.
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