Mechanism Capital: The best token economy model design is not to set lock in restrictions on investors

Odaily Planet Daily News: Andrew Kang, co-founder of Mechanism Capital, stated in an article on X platform: "This may sound counterintuitive, but for a project, the best token economy model design is to not set lock restrictions on investors and to allow as many tokens as possible to circulate on the first day (excluding team and treasury shares). A one-year lock up period plus a 3-4 year release period is a bad standard, stemming from misunderstandings of the capital market and lazy replication of previous projects. In fact, longer unlock restrictions have little impact on investors' investment after TGE, and excellent investors will provide support to the project regardless of whether the tokens have been unlocked. Industry standards need to be changed