polynya pfp
polynya
@polynya
Very sad to see the low-circulating-supply token launch pioneered by SBF & co become the exclusive standard across the crypto industry with no resistance. Is there a single major token from the last few years launch with more than 5%-15% supply? I understand the limitations of new projects, but this is extreme
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Adam Snyder pfp
Adam Snyder
@
Seems like there is some sense in keeping some “dry powder” in the form of token allocation at least until the market picks up. What supply range do you think would be appropriate for a project that hasn’t completed a full cycle yet?
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Michael pfp
Michael
@michaellwy
you prob wont consider it a major project, but unibot and the tg bots tokens mostly 90%+ circ. at launch
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Cassie Heart pfp
Cassie Heart
@cassie
/quilibrium's launch is a pure fair launch play. no allocations, no dev team or VC token reserves. What you get is what your node is earning. A return to ethics. 🫡
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Joakim pfp
Joakim
@jommi.eth
It really is super sad. They are doing a disservice for us and themselves.
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Spyros pfp
Spyros
@spyros80
Matic was a nice exception to the rule, but yes.. recently every token launches with a low float.
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AnomieMouse pfp
AnomieMouse
@anomiemouse
This is similar to the technique represented by XRP, where a large number of issued tokens can make the price per token look like a bargain.
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Rhett Shipp pfp
Rhett Shipp
@rhettshipp
I’d like to understand this better. I’ve viewed it as being more long term oriented to distribute a token slowly
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optimist 🎩 pfp
optimist 🎩
@gigarahul.eth
why is this sad? token unlocks are public info and keep gas prices low(er)
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