Column: Don’t Get Hoodwinked Into A Coin - Sam Barberie
Watch out for funding traps like false promises of coins and alternative funding. Developers and investors knew that coins had problems with regulations, didn't have much use, and were a distraction. NFTs have some good points, but they also have some bad points. More and more people are using free or low-cost NFT mints to build communities and bring in publishers. There are no guarantees with crowdfunding and risky investments. Coins aren't the answer. If coin launches are no longer an option, some studios will have to shut down. Even though coins are appealing, they make future investments, exit strategies, and consumer decisions more difficult. Learn from your mistakes and consider other ways to get money.
Read more