Several Dilemmas of Token Issuance

1. For a startup product, issuing tokens diverts the team's attention from the product.

2. For a failed product, issuing tokens is a way for the project team to prepare to run away, giving investors an explanation.

3. For a successful product, the product's income still goes into the team's pockets, and has little to do with the tokens.

Why is the public blockchain token currently the most successful model? Essentially, it is the alignment between the token and the product's functionality, and the alignment between the token and the product's revenue.

Tokens as gas are very important in public blockchains, as the daily operation of public blockchains requires the consumption of gas, which is tokens.

However, after more than a decade of blockchain, only the public blockchain has a single replicable token model (BTC and BNB are not very replicable), which may lead to a bit of innovation fatigue.