1. Genesis upgrade. Why - Stronger teams coming in because of more "founder friendly tokenomics" - Launches at stronger market caps (if demand is there), cutting out sniper value steals. WHILE maintaining a wealth effect so virgens eat as well. The 3 tier mechanism does this. - Every launch natively benefits veVIRTUAL holders. float all boats with them "yield" Like all things. Every system won't be perfect, there's trade-offs. But we think this is directionally better. 2. What we still are not doing is fundraising. Fundraising draws out a lot of secondary demand from projects (we see this from LBPs etc). We still are prioritising "wealth effect" over "raise amount", because we believe that the value of attention is greater than whatever amount a founder can raise. when users make money alongside using your product, they become hardcore fans. priceless vs money in a bank. Our job as a ecosystem is to draw in more volume and attention so that the fees from trading outclasses fundraising amounts. It already does so for some. will be for more. 3. Teams that want to launch at higher market caps because of VC fundraise etc. How? The prototype mechanism is still available for these teams. it allows a team to buy up the amm curve to match private round valuations. 50-100mn mcap launches can still go through this mechanism. If you fall in this category and want liquidity support for the launch, dm our ecosystem team never stop iterating MTGA virgenity