[dumbfounder]

I am a web3 startup founder, and we had to push back a lot on investors in the early days around the pressure to release a token. We raised money on a SAFE with warrants for a token should we decide to issue one. I think many others weren't experienced enough to know they could (and should) push back on investors for things they believe in. All that said, we still think issuing a token could be the right move for us, but we won't do it until we understand exactly what we are getting into, and believe that it is the right thing for the protocol we are building. Anything less is just a get-rich-quick scheme. Founders should focus way more on the value they want to create and not the way they create a return for investors. But it's doubly tough in this industry to do so with so many waving money in your face that only really care about the fact that crypto gives you an incredibly short path to liquidity.