Founders

1/7 Tokens are an incredibly powerful digital primitive. They're also risky to bring to market. 

Here’s a quick breakdown of the token launch strategies and risk framework we’ve developed with founders for the @a16zcrypto Token Launch Playbook:

We back bold entrepreneurs building the next internet. 
a16zcrypto.com/

2/ Prior to picking a launch strategy, entrepreneurs should assess token launch risks and determine which risks to mitigate and which risks to take. 

These risks can be categorized as follows:

Trying to solve more problems than I cause @a16zcrypto

https://linktr.ee/milesjennings

3/ Entrepreneurs can then design a token launch strategy that fits their desired risk profile.

These token launch strategies can be categorized as follows:

4/ So, how do these strategies impact risk? Each  strategy mitigates legal risk, but comes with tradeoffs.
🔹 "Decentralization" comes with increased operational risks.
🔹 "Exclude the U.S." and "Restrict Transferability" come with increased commercial risks.

5/ Entrepreneurs can mix and match these strategies, but must take care not to undermine their legal basis/validity. 

For example, launching a token in the U.S. and then advertising it heavily in the U.S. before it is sufficiently decentralized and available is a bad idea.

6/ Ultimately, Decentralization is the best long-term strategy - it enables broad token distributions, more use cases, and products that embody the best qualities of blockchain networks. 

But Exclude and Restrict can help you get there.

For more, see:

6/ Ultimately, Decentralization is the best long-term strategy - it enables broad token distributions, more use cases, and products that embody the best qualities of blockchain networks. 

But Exclude and Restrict can help you get there.

For more, see:
https://a16zcrypto.com/posts/article/navigating-token-launch-risks/

7/ And for more from the @a16zcrypto token launch playbook, see:

7/ And for more from the @a16zcrypto token launch playbook, see:
https://a16zcrypto.com/posts/series/token-launch-playbook/

This is the alt account of Sister Hazel. Writings at https://powerlaw.systems. Building https://testnet.uvio.network. 

I wouldn't be afraid. There's a path and it's certainly possible to follow. There's just a lot of uncertainty, which is one of the reasons I try to publish as much as possible.

I watched your presentation. Great content. I think you are spot on with most of it. 

What it made me think though is this. Why would anyone go through any of this bullshit only to launch a token. Like mate you need a good fucking reason to expose yourself and your project to all kinds of second order effects that are utterly out of your control.

I am just afraid now.

Top class materials. Much appreciated.  

Any upcoming topics youre exploring?

handy guide 💯 

there is also a risk category of more attack vectors that tokens can create - crypto economic hacks such as Mango markets or Luna. Make sense to include them in the playbook?