PHANTOM TOKENOMICS, INSIDE THE OBSCURE DAEDALUS LABYRINTH

Summary from the TLDR Crypto newsletter

This post exposes the prevalence of hidden “backdoor token deals” in the crypto industry. It introduces the concept of “phantom tokenomics” to describe how onchain tokenomics often misrepresent the accurate offchain distribution. There are various types of these deals, including advisory allocations, market-making allocations, and OTC rounds, all of which can alter the real tokenomics of a project. Founders should enhance transparency with onchain vesting contracts, locking insiders' staking rewards, and focus on product development over exchange listings.