A simple transparency regime to fix crypto token launches should include the following disclosures (lying on any of these should carry fraud penalties):

- Insider tokens and vesting schedule: all insider wallets should be tagged (no doxxing tho) so ppl can verify vesting schedule and any funny business

- Real float: Real float broken down by bucket: tokens airdropped, tokens loaned to MMs, treasury tokens, tokens given to exchange, etc)

- MM/CEX deals: Terms of deals with exchanges and MMs should be made public

- Secondaries and selling treasury tokens: Any insider secondary transaction or treasury liquid token sales should be disclosed after the fact, along with terms

Don't quash innovation make things overly onerous for early stage teams, just allow for transparency so investors can decide for themselves what to do