The future of crypto belongs to communities—treasury governance will get us there

The following is a guest post and analysis from Maarten Henskens, Head of Astar Foundation.

Web3 has a problem with value capture. Despite billions in market capitalization, most projects continue to extract value from their communities rather than return it. While venture capitalists and founding teams reap substantial rewards through token sales and vesting schedules, early adopters and community members who drive actual adoption often see diminishing returns over time.

This needs to change—and community-governed treasury management is the most effective way to make it happen.

The Value Return Imperative

For too long, crypto has operated under a fundamentally extractive model. Projects continually dilute token value by increasing supply…

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