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Introducing The Token Transparency Framework With Dan Smith, Louis T and Felipe Montealegre

Empire

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Lemon Markets and Tokens

This chapter explores the concept of lemon markets within the context of the token market, highlighting how high-quality tokens may be pushed out due to low pricing and lack of legal protections. It discusses the implications of asymmetric information, warning that this could lead to a market saturated with low-quality offerings and diminished innovation.

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