We will come to categorize tokens in "generations" the same way we do for their tech stack. There are far too many gen1 tokens in this industry, which have ~0 structural ties to the success of their protocol/ecosystem for fear of regulatory blowback. These tokens are ngmi. There is a new generation emerging, with tokens like $HYPE, $AERO and $PUMP, which the market clearly wants because they aren't afraid to signal that there is value-alignment. Many incumbents with both tech and token debt will move too slow to hold off this new wave of "avant-garde" (today) models and those protocols embracing this model will out-earn in equity-premium than what they ever would have generated in cashflows. It is written.
I don't know who needs to hear this, but you should not be using revenues to buy back your token. I don't know why CT has become so fixated on buybacks, but in 99% of cases, they're a bad idea. Reinvesting revenues to grow the business > Distributing value to tokenholders
22.22K
75
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.