Lighter founder talks about token launch: It won't skyrocket immediately; realistic expectation is to start from a relatively healthy position.
According to Odaily, Lighter founder and CEO Vladimir Novakovski participated in The Chopping Block podcast interview today.
When answering questions related to tokens, Vladimir stated: "From an expectation management perspective, this is a marathon, not a sprint. The team and early community are actually not expecting that kind of 'take off on the first day' scenario. A more realistic expectation is to start from a relatively healthy position, and then, as product development continues, the overall trend will gradually move upward. Our goal is obviously not to maximize value on the first day, but to ensure it is in a healthy state under the current market environment, and then continue to iterate on that basis. We have already seen too many tokens surge after launch and then go all the way down."
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.
You may also like
DePIN project DAWN completes $13 million Series B financing
Data: 2,224 ETH transferred out from a certain exchange, worth approximately $6.59 million
DePIN Project DAWN Completes $13 Million Series B Funding Round, Led by Polychain
Fintech platform Intuit partners with Circle to add stablecoin payment functionality to its products.
