Recently, JP Mullin (https://x.com/jp_mullin888) stated that he is ready to burn all tokens intended for the team, after a wave of criticism from the community and investors. But before making a decision, he conducted a 'temperature check' — a poll of community opinions.
But the main thing is not the numbers, but what specific options were proposed in the poll — they show what solutions are actually being considered by the team. Let's analyze each of them and assess the pros and cons.
1. Burn all tokens immediately.
+ Pros:
Maximum level of trust from the community.
Completely eliminates the fear of a team 'dump'.
Strong signal: the project prioritizes the community over personal gain.
Potentially positively impacts the token price (less supply).
– Cons:
The team remains without resources for development.
Loss of long-term motivation for key participants.
Impossible to reverse — a step without a return path.
2. Extend vesting for years.
+ Pros:
Retains tokens as a motivational tool.
Delays potential market pressure.
Allows the team to be interested in the project's long-term growth.
– Cons:
The community may not believe in 'long vesting' — trust has already been undermined.
Does not exclude the possibility of sales in the future.
Weak signal for the market compared to 'burn'.
3. Transfer to the community multisig.
+ Pros:
Control over tokens is gained by the community — decentralization of decisions.
Tokens can be used for grants, listings, marketing, etc.
Increases transparency in fund management.
– Cons:
Trust in the signers of the multisig wallet is required.
Possible passivity or abuse within the multisig group.
Risk of conflicts or delays in decisions.
4. Unlocking upon achieving goals.
+ Pros:
Receiving tokens depends on results — a fair approach.
Motivates the team to achieve KPIs and genuinely advance the project.
Allows flexible management of rewards and progress.
– Cons:
Difficult to define and objectively measure metrics.
Disputes may arise over what constitutes an 'achievement'.
A mechanism for assessing and verifying results is needed.
Important: JP emphasized that this is a poll, not a final decision.
"X polls are easily botted. We want the final decision to be made transparently and justified."
Which option do you support?$OM
#OM