Crypto Must Radically Rethink Token Distribution

There’s a higher option to handle token launches — one which prioritizes long-term utility and natural progress over speculative positive aspects. Protocols are starting to experiment with different fashions. FRIEND, a blockchain-based social platform, for instance, launched with 100% float, distributing all tokens to the neighborhood from day one. After taking a radically totally different method at Lava Community, I’m satisfied the trade should undertake a brand new customary for a way blockchain initiatives ought to deal with token distribution and valuation.