This actually isn’t true, there are tokens that do in fact “own” assets: LDO, Aave (protocol), Aero, & CRV The reality is that most founders opted to not give rights to token holders both due to regulatory concerns and misaligned incentives. 2026 is the year that changes

Nic
@nicrypto
12-17
Never forget this: Token's are not like shares - there is no "ownership"
Axelar just reminded everyone why.
- The core devs get acquired.
- The IP moves.
- The token stays behind with "governance rights" & no claim on the outcome.
Token holders get shafted
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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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