Game-Changing Move: Three Arrows Capital Allocates Full Quota to Community!

[Exclusive] Three Arrows Capital gave up its friend.tech quota and chose to allocate the full amount to the community!

Recently, Zhu Su, co-founder of Three Arrows Capital, revealed a surprising news on social media: the venture capital institution decided to give up the quota of friend.tech and allocate 100% to the community! This move heralds a paradigm shift towards a better token economic model.

Zhu Su said that the equity layer can withdraw transaction fees, while the tokens circulate freely without considering the unlocking schedule and the impact of bearish unlocking. This is undoubtedly a very community-friendly decision, let’s explore the reasons behind it!

First of all, this full allocation to the community helps to increase community activity and participation. After all, an active community is one of the key factors for a project's success. In this way, community members can participate more actively in the project and contribute to its development.

Secondly, this approach helps improve the liquidity of the token. In the absence of unlocking schedules and bearish unlocking effects, tokens can circulate freely, which is very beneficial to the long-term development of the project.

Finally, this approach helps to increase the transparency of the project. Distributing points from venture capital institutions to users will help improve the transparency of the project and make community members trust the project more.

It is reported that friend.tech has posted on social platforms that it will distribute points from venture capital institutions such as Paradigm to users. This is undoubtedly a move worthy of attention, and it also makes us full of expectations for this project!

So, readers, what do you think of this news? Feel free to speak freely in the comment area and let’s discuss this topic together!