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Su Zhu: VC's abandonment of friend.tech allocation signifies a paradigm shift towards superior token economics

Su Zhu: VC's abandonment of friend.tech allocation signifies a paradigm shift towards superior token economics

2024/03/24 08:15

Su Zhu posted on platform X, saying: "I believe that VC giving up the distribution of friend.tech's points and instead supporting 100% community distribution signifies a paradigm shift towards superior token economics. The equity layer can extract transaction fees, while tokens are not hindered by vesting schedules and bearish unlocks." Previously, friend.tech announced on platform X that it plans to distribute the points of venture capital institutions like Paradigm to users.

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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.

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