Fair Release: Saviour of VC-Backed Tokens from Low-Float High-FDV
Sources: https://t.co/AulNdP3eLd & https://t.co/WwTUFPDCP8 We embrace Bitcoin for how it saves the world economy from money-printing, yet in Web3/crypto, we’re practising exactly what we preach against: token-printing through time-scheduled unlocks. Launching VC-backed tokens like memes — Fair Release is probably the fairest and most sustainable tokenomics for any VC-backed token, potentially with an ‘up-only’ price mechanic. ‘Low float high FDV’: a superficial issue As ‘ low float high FDV ’ emerged to become an industry-wide predicament — spearheaded by a Binance Research report in May 2024 — the discussion has yet to progress beyond superficially scratching its surface. The very crux of this issue remains unexplored, nor has anyone challenged the very root of its existence. The right questions should be asked are: 1.Why is there the gap between market cap and FDV in the first place? 2.Why is ‘low float high FDV’ causing problems? Market cap vs FDV: a crypto-only problem Why is...