Sequoia Capital: The Next Trillion-Dollar Company Sells Results, Not Software | Bee Network
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Original Compilation: TechFlow Introduction: Are most tokens trash? Bankless co-founder David Hoffman points out that historically, teams have treated tokens far less seriously than equity, and the market has reflected this in their prices. But 2026 brought a turning point: MegaETH locked 53% of its tokens in a KPI plan, unlocking them only upon achieving growth targets; The Cap protocol replaced a governance token airdrop with a stablecoin airdrop, with real investors able to acquire CAP through a token sale. These innovative strategies are ending the era of “spray-and-pray” token distribution, shifting towards precise, conditional allocation mechanisms. Full text below: The crypto industry has a “good coins problem.” Most tokens are trash. Most tokens are not treated by teams with the same legal and strategic seriousness as equity. Because teams…Analisis #Definisi #Pasar #Alat #上一篇
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- Original Compilation: TechFlow Introduction: Sequoia Capital partner Julien Bek has written a clear and structured article. The core thesis is: the next trillion-dollar company won