No, they didn't crowdfund their token. They gave away their token to the early adopters, the users, and the liquidity providers on their platform: https://accep

No, they didn't crowdfund their token. They gave away their token to the early adopters, the users, and the liquidity providers on their platform: https://acceptingcrypto.net/uniswap-token-launch-uni/ https://acceptingcrypto.net/uniswap-token-launch-uni/ They were already live for 2 years by the time they gave away their governance token. Even if you had just done one transaction with Uniswap, you received some UNI. Now, those customers and those liquidity providers are aligned with the future success of Uniswap. They also get to vote on how to spend the $7.5B treasury. Pretty cool model. It's fundamentally different than anything that's come before it. Pay attention to DAOs.