Sam Frankel
@frankel
feels like the vast majority of token launches have been heavily criticized (fairly or unfairly) over the last few months - so i am looking for feedback: what would a best in class token launch look like for a long-term builder (specifically what does the team disclose, what are the lockups, what are the allocations, etc)?
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phil
@phil
a good token is the main asset that the team, investors, and community are using as a schelling point for me to truly trust a token launch, i would want it to be in lieu of an equity raise the team should hold the same asset as the community, otherwise it’s just an excuse for a liquidity event
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