Is Coin Voting Bad Idea for Web 3?

Is Coin Voting Bad Idea for Web 3?

Or is having a Premine in the voting system the main problem?

https://twitter.com/TheycallmeDan_/status/1453399368141135875?s=20

- TheycallmeDan_

You can't have a good coin voting unless you have a good decentralized foundation without premine. Coin voting has to have a fair distribution, no ICO, no company.

Primine leads to multiple problems. Regulators will have an easy take on the network. Owners of the premine are stuck with a few bad options.

• Not using the coin for voting.
• Not selling it.
• Selling and dumping it on the community.
• Using it to vote and centralizing it.

Check out the full episode of Community Token Talk:

▶️ 3Speak