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Bitwise Analyst: Coinbase ICO Platform Addresses Threshold to Participation in Token Offerings, But Token Holder Rights and Benefits Remain in Doubt

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2025-11-11 04:06:05
Danny Nelson, a research analyst at Bitwise, wrote on the X platform that Coinbase's ICO platform "solves" many of the participation threshold issues that are common in token offerings, and the platform also adds parameters to curb the behavior of short-term speculators.
However, the platform has done little to address the more central issue facing tokens - how to ensure that these assets give their holders corresponding rights and rewards.
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