Express
Coinbase CEO: Token Sales Platform to Implement Punishments for Violations
Summary: In a recent post on X platform, Coinbase CEO Brian Armstrong announced that Coinbase will reintroduce token sales to the platform. He highlighted issues in the current token sales market such as unfair access, excessive exploitation, and misaligned incentive mechanisms that hinder industry development. Coinbase's token sales aim to reward truly loyal users through a ...
In a recent post on X platform, Coinbase CEO Brian Armstrong announced that Coinbase will reintroduce token sales to the platform. He highlighted issues in the current token sales market such as unfair access, excessive exploitation, and misaligned incentive mechanisms that hinder industry development. Coinbase's token sales aim to reward truly loyal users through a distribution algorithm. Violations like 'flipping' tokens will be punished to maintain consistency in incentive mechanisms between projects and their communities.
Tags:
Link: Coinbase CEO: Token Sales Platform to Implement Punishments for Violations [Copy]
