Thanks, @ChrisS, I didn't contribute to the design, and I did not like it at all. I tried to convince the founder that a token (and a blockchain) was not necessary. I made several proposals, but the investment agreement with VCs included a token ...

I shared the view that an uncensorable Substack was needed, unfortunately we picked the wrong tools, the wrong incentives. And, eventually the flawed design made the company sink.

Too bad, because the team was great, the founder honest and passionate.