
Colin Wu|Aug 10, 2025 07:33
Several difficulties in issuing coins
1. A startup product, issuing coins caused the team's attention to be diverted from the product
2. A failed product, issuing coins is an explanation for the project team to prepare to run away to investors
3. A successful product, the revenue from the product itself still goes into the team's pocket, and it has nothing to do with currency
Why is public chain token currently the most successful model? Essentially, it is the combination of token and product functions, and the combination of token and product revenue
Tokens, as gas, are very important in public chains, and the daily operation of public chains requires the consumption of gas, that is, tokens
But after more than a decade of blockchain, there is only one replicable token model for public chains (BTC BNB is not very replicable), which can also be a bit awkward due to lack of innovation
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