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Yitong

@yitong

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Imo one of the big opportunities in crypto right now is to figuring the new meta for project tokens. Current model of Seed → A → B → high fdv low float erc20 airdrop is broken and down only for 99% of projects. The naive solution of "just launch a liquid erc20 from the start" is likely incorrect. Having a low liquidity, tradable token creates the incentive for teams to turn their token price into the product. Imo correct approach balances: * Early onchain existence (have a token at seed) to integrate with onchain infra * Progressively more liquid in a controlled fashion (akin to secondaries) as project matures * Whole process is about as easy to manage as Carta I know this is a boomer take, but i just don't see 100x more companies wanting to go onchain if they have to enter the casino on day 1.
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