i think the main reason apps keep giving out points instead of tokens is… actually, i don’t get it. why, in an ecosystem where everything and everyone has a token?

researching onchain | writing tomu.xyz founded overgie.com mintgate.io | nf.td/tomu

founder operatingsystem.io | eth c/o 2015 | @ganbrood hoarder

today? skill issue  

i don't buy the legal stuff after seeing what's happening lately

'security' legal issue? or skill issue? bet is on the former.

my observations :

launching a token has become the new ‘distribution/gtm’ to get attention to your product and make people use. 

post that it completely depends on the merit of the product to retain them. 

points have become a proxy for token launch till companies clear regulatory hassles to drop a token. 

we’re in token is the product as the meta. 

- some launch token first and retain attention by building.

- some launch a product and gain more traction by dropping a token.

there’s a legal angle, but more importantly, the tokens simply go to near zero within a week leaving a distaste in users mouths & hurting brand equity 

especially if the tokens do absolutely nothing, in which case they don’t rebound, especially not in this market environment