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Felipe Montealegre: Tokens Are Broken

A look at the current state of token-based financing, highlighting its failures for builders, investors, and M&A, due to misaligned incentives, poor governance, and lack of transparency

The article proposes solutions like:

> Better standards for token transparency.
> Abandon the idea of 'Token as Product’—tokens gain value from future business cash flows.
> The social layer must eliminate bad actors who profit from grey-area
> A much better regulation and stronger governance👇

Source:

Felipe Montealegre: Tokens Are Broken

A look at the current state of token-based financing, highlighting its failures for builders, investors, and M&A, due to misaligned incentives, poor governance, and lack of transparency

The article proposes solutions like:

> Better standards for token transparency.
> Abandon the idea of 'Token as Product’—tokens gain value from future business cash flows.
> The social layer must eliminate bad actors who profit from grey-area
> A much better regulation and stronger governance👇

Source: https://twitter.com/TheiaResearch/status/1914728360577835341