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CoinDesk is ignoring the elephant in the room: for most protocol owners, revenue is almost irrelevant. Early investors in crypto startups often get tokens worth
by wslh 1y ago
CoinDesk is ignoring the elephant in the room: for most protocol owners, revenue is almost irrelevant. Early investors in crypto startups often get tokens worth many times their cash investment. Once the protocol is live and popular, the money pours in. Vesting rules? A few years is plenty. The real kicker is that there's no transparency about how many tokens these investors get, only the round investment totals make it into public reports.