a16z crypto proposes five rules for token issuance: Never sell tokens publicly in the United States for the purpose of fundraising

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According to Foresight News , a16z crypto released an article entitled "Five Rules for Token Issuance". The five rules are: (1) Never sell tokens publicly in the United States for the purpose of fundraising; (2) Make decentralization your goal; (3) Communication is everything, manage yourself accordingly; (4) Be cautious about secondary market listing and liquidity; (5) The token lock-up period is at least one year from the date of token issuance.

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