a16z Crypto: Be cautious about listing on the secondary market and do not sell tokens publicly in the U.S. for fundraising purposes

Odaily News a16z Crypto published an article today explaining the five rules for token issuance, including: 1. Do not sell tokens publicly in the United States for the purpose of fundraising; 2. Let decentralization be the direction; 3. Communication is everything, and self-manage accordingly; 4. Be cautious when listing on the secondary market and pay attention to liquidity; 5. Always ensure that the token lock-up period is at least one year from the date of token issuance.