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Spot
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Trade new tokens before they are officially listed
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Points
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Futures
Futures
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HOT
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Launch
CandyDrop
Collect candies to earn airdrops
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Alpha Points
NEW
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Futures Points
NEW
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Lending Center
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Quant Fund
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Smart Leverage
NEW
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Activity Center
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Referral
20 USDT
Earn 40% commission or up to 500 USDT rewards
Announcements
Announcements of new listings, activities, upgrades, etc
Gate Blog
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Proof of Reserves
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Michael Saylor: The issuance team is afraid of decentralization.
Michael Saylor, the founder of Strategy, has pointed out that many Token issuers are essentially just “pretending” to be decentralized. They do not actually want to become decentralized but are merely eager to participate in the capital market. Cryptocurrency Tokens have specific applications aimed at generating capital and innovation, from TRUMP Coin to individuals like Katy Perry or Joe Rogan issuing their own Tokens. This includes both smart contracts and Utility Tokens, such as allowing access to an online music library.
Complex Tokens and NFTs also provide great convenience, but when registered as securities, compliance costs increase significantly. This requires support from lawyers, accountants, and many annual expenses to ensure compliance with legal regulations. Therefore, many issuers are not willing to bear these costs and choose an alternative path. This message is for informational purposes only and is not investment advice.
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