RT BSCN (@BSCNews)🚨LATEST: INTERLINK TOKEN ISSUANCE REDUCED BY 50%@inter_link implemented its official $ITLG base-rate halving event recently, which saw the amount of tokens issued through mining sessions reduced dramatically.The aim is to increase the scarcity of InterLink's token over time, thus driving appreciation.We've got everything you need to know about the major change in our summary article below ⬇️ ...

🚨LATEST: INTERLINK TOKEN ISSUANCE REDUCED BY 50%@inter_link implemented its official $ITLG base-rate halving event recently, which saw the amount of tokens issued through mining sessions reduced dramatically.The aim is to increase the scarcity of InterLink's token over time, thus driving appreciation.We've got everything you need to know about the major change in our summary article below ⬇️BSCN (@BSCNews):https://t.co/lKAs15Y3H3 ...

Core Insights - Phantom, a Solana-based crypto wallet, has decided against going public, launching a token, or building its own blockchain, focusing instead on product development and investment in Solana [3][4][5] - The company has over 7 million monthly active users and has attracted significant private funding from major investors like Paradigm, a16z, and Sequoia Capital [1][3] - The decision to remain private reflects a broader trend among crypto startups prioritizing sustainable revenue and product focus over the pressures of public market volatility and quarterly earnings [8][9][10] Company Strategy - Phantom's CEO, Brandon Millman, emphasized that the company will stay private "for as long as it makes sense," indicating a strategic choice to avoid the burdens of public market compliance [3][4] - The company has assessed the costs and benefits of public listing, concluding that it can meet its funding needs through private capital [4][9] - Millman also dismissed the idea of launching a token, citing the responsibilities and market risks associated with token issuance [5][6] Market Context - The crypto market has seen a shift with companies like Circle and Kraken going public, while Phantom opts to remain private, highlighting a divergence in strategies within the industry [2][3] - Analysts note that Phantom's revenue is closely tied to Solana's performance, with a 97% correlation to Solana's total app revenue, indicating both a strength and a risk in its business model [7] - The current market environment rewards predictable cash flows, making the decision to stay private more appealing for companies focused on long-term sustainability [9][10] Industry Trends - The trend of crypto companies staying private reflects a maturation of the industry, moving away from hype-driven growth towards sustainable business practices [8][10] - Regulatory uncertainty in the U.S. adds to the complexity of going public, with companies preferring to avoid rigid compliance frameworks that could stifle innovation [9] - The dual-path model of integrating an IPO with a token remains largely untested, indicating that many firms are still exploring new business structures [6]

Ethereum ETF Flows in August Blow Past Post-Merge Token Issuance► https://t.co/L8C79Z2GM8 https://t.co/L8C79Z2GM8 ...