Is it just me or does pretty much every well-established wallet seem extremely against launching a token?

I understand most of these products are profitable in the absence of a token but feels like a massive opportunity for someone to really lean in here and capture a significant amount of mindshare

We're thrilled by the enthusiasm for following users on Phantom!

It's a huge step for us toward making crypto more personal and user-friendly. By simplifying how you share and discover with friends, we aim to dramatically improve how users find new tokens and apps.

We've seen…

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Is it just me or does pretty much every well-established wallet seem extremely against launching a token?

I understand most of these products are profitable in the absence of a token but feels like a massive opportunity for someone to really lean in here and capture a significant amount of mindshare

https://x.com/phantom/status/1875247758271189413

Onchain is the new online - FID 206 -  cooprecords.xyz

I also don’t understand the hesitance, especially given most wallets are historically pretty bad at creating a community around their product/brand (bar a few) 

I assume it’s probably some regulatory risk aversion type scenario but if done well I think a token could act as a good way to reward users and attract new ones

Building @withfam Prev. Co-founder @ Talisman ✴︎ Member @ FWB, Refraction, The Park, UFO ✷