Last night at <space>, the boss of Dashan mentioned: Under current liquidity and valuation conditions, issuing tokens is not as good as going public.
Actually, there's a sector in the Australian stock market: junior mining stocks, which are quite similar to <crypto>.
Commodities have cycles, and junior mining stocks usually do nothing but draw big pictures. Once gold, lithium, and other commodities surge, these junior mining stocks release a positive news, their stock prices skyrocket, project parties conduct OTC and additional issuance, and get well-fed. Then they continue to rest and wait for the next bull market. A few years later, new leeks will come again.
