Coinbase CEO: Token sales platforms will punish violations.

According to Odaily Planet Daily, Coinbase CEO Brian Armstrong stated in an article on the X platform that Coinbase is bringing token sales back to the platform. He explained that current token sales suffer from unfair access, excessive exploitation, and misaligned incentive mechanisms, hindering industry development. Coinbase's token sales aim to reward truly loyal users through an algorithmic allocation system, and will penalize violations such as "flipping" tokens, in order to align incentive mechanisms across projects and their communities.