Mechanism Capital co-founder: The best token economic model design is not to set lock-in restrictions on investors

 Andrew Kang, co-founder of Mechanism Capital, wrote on X platform that "it may sound counterintuitive, but the best token economic model design for a project is to not set lock-up restrictions on investors and to allow as many tokens to circulate as possible on the first day (excluding team and treasury shares). A one-year lock-up period plus a 3-4 year release period is a bad standard that stems from misunderstandings of the capital market and lazily copying previous projects. In reality, longer unlock restrictions have little impact on investor contributions after TGE, and excellent investors will support the project regardless of whether the tokens have been unlocked. The industry standard needs to change."