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The upside to this strategy is that you’ll find a good market price for your token launch, and early supporters will get to buy in at a good price. The downside is that you will end up giving out some tokens early, so you’ll have to do some redemption mechanism for your real token to avoid the risk of someone front-running your liquidity.
Tokenomics 104: How to Launch a Token
cryptonat.substack.com
Athens was divided, as Plato put it, into “two cities:… one the city of the poor, the other of the rich, the one at war with the other.”
The Lessons of History
Will Durant and Ariel Durant
As Ennius wrote, “The good is mostly in the absence of bad”; Nimium boni est, cui nihil est mali.
Antifragile
Nassim Nicholas Taleb
...catch up on these, and many more highlights
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