There are better ways to manage token launches that prioritize long-term utility and organic growth over speculative profits. Protocols are starting to experiment with alternative models. For example, FRIEND, a blockchain-based social platform, launched with 100% float and has been distributing all tokens to its community since day one. After taking a radically different approach with Lava Network, I believe the industry needs to adopt a new standard for how blockchain projects handle token distribution and valuation.
