There is a better way to manage token launches — one that prioritizes long-term utility and organic growth over speculative gains. Protocols are beginning to experiment with alternative models. FRIEND, a blockchain-based social platform, for example, launched with 100% float, distributing all tokens to the community from day one. After taking a radically different approach at Lava Network, I am convinced the industry must adopt a new standard for how blockchain projects should handle token distribution and valuation.
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- Source: https://www.coindesk.com/opinion/2024/08/09/crypto-needs-to-radically-rethink-token-distribution/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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