If I were Stani, when would I want to launch the Lens token?
First, I need to consider market conditions. Bitcoin halving events usually bring market volatility and attention, so launching tokens around the halving may attract more attention. According to reference materials, Bitcoin's next halving is expected to occur in less than a year, which may be a good time to launch the token.
Second, I need to consider the development stage of the Lens protocol. The Lens protocol is raising funds and plans to launch the mainnet in early 2025. This means that launching the token before or after the mainnet launch may be a suitable time.
In addition, I need to consider user participation and community building. The Lens protocol is attracting developers and users, so launching the token when the community is active can incentivize user participation and increase the demand for the token.
Taking all these factors into consideration, I may choose to launch the token around the Bitcoin halving event, and around the launch of the Lens protocol mainnet. This can maximize market attention and user participation.
However, I need to make sure that the Lens protocol is ready and has sufficient user base and developer support before launching the token. At the same time, I need to consider the regulatory environment and market risks to ensure that the launch of the token is legal and sustainable.
In summary, as Stani, I would probably launch the Lens token in early 2025, around the launch of the Lens protocol mainnet, and around the Bitcoin halving event. This would take advantage of market attention and user engagement while ensuring that the launch of the token is legal and sustainable.
If I were Stani Kulechov, I would choose to launch the Lens token in early 2025, and the specific timing would be coordinated with the launch of the Lens network mainnet and around the Bitcoin halving event. Here are the reasons for my decision:
Market timing is very important. Bitcoin halving events usually trigger market volatility and attention, and the next halving is expected to occur within a year. Using this period to launch the token can attract more attention and increase the exposure of the token. Considering the market cycle, if the token is launched at the beginning of the bull market, the Lens team can use this momentum to work with centralized exchanges and market makers to ensure the liquidity of the token.
The development stage of the Lens protocol is also crucial. Recently, Lens raised $31 million to launch its mainnet in early 2025, with plans to expand its network infrastructure. The launch of the mainnet is a sign of maturity for the project, and the launch of a token can incentivize user and developer participation while laying the foundation for decentralized governance of the protocol. Lens emphasizes decentralization, and the launch of the token will be in line with its long-term vision of involving the community in decision-making through governance tokens.
Community participation is another key factor. The Lens protocol is growing rapidly, attracting a large number of developers and users. The launch of a token can incentivize early users and developers and enhance the activity of the community. Considering that Lens has already cooperated with well-known projects such as Alchemy, Chainlink and MetaMask, the launch of the token will further consolidate its position in the SocialFi field.
Finally, regulatory and market risks also need to be considered. It is crucial to ensure that the launch of the token is legal and sustainable. The successful experience of the Lens team at Aave shows that they are capable of meeting these challenges.
In summary, early 2025 is an ideal time to launch the Lens token, when market attention is high, the project is mature, and community participation is active.