According to the latest news from CoinVoice, Michael Saylor, the founder of Strategy, stated in an interview reported by CoinDesk that many token issuers are actually "pretending" to be decentralized; they do not truly want decentralization but rather desire to enter the capital market.
The use cases of digital tokens are for creating capital and innovation, whether it's TRUMP coin, or someone like Katy Perry or Joe Rogan issuing a coin, whether it's a smart contract token or a utility token (like one that allows me to access a music library on a website), or possibly a super complex token and/or NFT, it is actually very convenient. However, if registered as securities, it requires a huge investment, you need lawyers and accountants, and you have to invest a large amount every year to ensure compliance. [Original link]
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Michael Saylor: Most token issuers do not want decentralization, but rather desire to enter the capital market.
According to the latest news from CoinVoice, Michael Saylor, the founder of Strategy, stated in an interview reported by CoinDesk that many token issuers are actually "pretending" to be decentralized; they do not truly want decentralization but rather desire to enter the capital market.
The use cases of digital tokens are for creating capital and innovation, whether it's TRUMP coin, or someone like Katy Perry or Joe Rogan issuing a coin, whether it's a smart contract token or a utility token (like one that allows me to access a music library on a website), or possibly a super complex token and/or NFT, it is actually very convenient. However, if registered as securities, it requires a huge investment, you need lawyers and accountants, and you have to invest a large amount every year to ensure compliance. [Original link]