It is morally indefensible to launch a token, profit off the token, and then refuse to drive value back to the token. Frankly, I don’t care if the law “allows” this type of behavior or “prevents” teams from not rugging tokenholders. Either treat tokenholders (not equity holders) as first-class citizens that are the primary beneficiaries of the success of a protocol, or don’t launch a token at all.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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