Is Coin Voting Bad Idea for Web 3?
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###Is Coin Voting Bad Idea for Web 3?
###Or is having a Premine in the voting system the main problem?
https://twitter.com/TheycallmeDan_/status/1453399368141135875?s=20
You can't have a good coin voting unless you have a good decentralized foundation without premine. Coin voting has to have a fair distribution, no ICO, no company.
Primine leads to multiple problems. Regulators will have an easy take on the network. Owners of the premine are stuck with a few bad options.
- Not using the coin for voting.
- Not selling it.
- Selling and dumping it on the community.
- Using it to vote and centralizing it.
Check out the full episode of Community Token Talk:
https://3speak.tv/watch?v=theycallmedan/dhxzroxm&jwsource=cl
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