Coinlist CEO Shares Insights on Launching Legit Token

According to PANews, Coinlist CEO Raghav Gulati recently shared his thoughts on launching a 'legitimate token' in a post on X. He critiqued EigenLayer for missing an opportunity in this regard and offered several suggestions for the community to consider. Gulati emphasized the importance of making the community feel like insiders. He suggested conducting active internal sales for the best community members, offering them significant discounts. This group could range from 500 to 2000 people and might even receive custom NFTs as meaningful shares. For the broader community, Gulati recommended providing a fair pre-release price during the community round. He also stressed the need for transparency, advising against any deceptive practices. Questions such as whether there is a secondary market, if locked holders can stake, and if everyone should be aware of unusual market maker transactions should be addressed openly. Regarding token vesting, Gulati advised against 100% unlocking on the first day. He argued that the team should ensure continuous token vesting. Data indicates that sales participants and the community should receive equity, while it is debatable whether investors and partners should also gain equity.