Crypto Needs to Radically Rethink Token Distribution

There’s a higher strategy to handle token launches — one which prioritizes long-term utility and natural development over speculative beneficial properties. Protocols are starting to experiment with different fashions. FRIEND, a blockchain-based social platform, for instance, launched with 100% float, distributing all tokens to the neighborhood from day one. After taking a radically completely different strategy at Lava Community, I’m satisfied the business should undertake a brand new normal for the way blockchain tasks ought to deal with token distribution and valuation.