Former BitMEX CEO Arthur Hayes Champions ‘Points’ Over ICOs in | Crypto Market Time
Former BitMEX CEO Arthur Hayes Champions ‘Points’ Over ICOs in Crypto Fundraising
In a recent blog post titled ‘Points Guard,’ former BitMEX CEO Arthur Hayes made a compelling case for the emergence of “points” as a superior alternative to traditional initial coin offerings (ICOs) and yield farming with regard to crypto fundraising and user engagement. On the other hand, yield farming rewards users for interacting with the protocol but can lead to rapid inflation of token supply and a subsequent loss of user incentives.
