Erick Zhang: If you have a product with real users and revenue, it is recommended to issue a token as soon as possible.
Foresight News reported that Erick Zhang, managing partner of Nomad Capital, tweeted, "If you have a product with real users and revenue, you should issue a token as soon as possible. Otherwise, by the time you issue your token, liquidity will have already been drained by junk coins. What is happening in the market right now is that speculative money is thriving while legitimate money is dying. Issuing tokens early is also beneficial for the health of the industry; otherwise, investors in the market can only be harmed by junk coins."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Google (GOOGL.US) DeepMind launches AlphaGenome 2: Capable of decoding DNA cells with nearly double the mutation identification capacity
Google DeepMind has released its AI model AlphaGenome 2, which is trained on maps of over 100 millions of cells and has nearly double the ability of its predecessor in identifying gene expression variations.
The White House did not intervene in the decision-making of Nvidia's board of directors.
BoE’s Greene says it is appropriate to proactively tighten our monetary policy stance
Crypto prices
More
