Erick Zhang: If you have a product with real users and revenue, it is recommended to issue a token as soon as possible.
Foresight News reported that Erick Zhang, managing partner of Nomad Capital, tweeted, "If you have a product with real users and revenue, you should issue a token as soon as possible. Otherwise, by the time you issue your token, liquidity will have already been drained by junk coins. What is happening in the market right now is that speculative money is thriving while legitimate money is dying. Issuing tokens early is also beneficial for the health of the industry; otherwise, investors in the market can only be harmed by junk coins."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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