PANews reported on November 12 that Coinbase CEO Brian Armstrong stated that token issuance is "officially back," and Coinbase's new token sale platform aims to address the fairness and incentive mismatch issues that existed in the past ICO era. Armstrong pointed out that the team studied the drawbacks of past token offerings and designed a new model that uses algorithms to reward loyal users and punish short-term speculation, thereby establishing a healthy incentive mechanism between the project team and the community. He stated that for the first time since 2018, US retail users will be able to widely participate in compliant token sales, marking a positive development in the US crypto regulatory environment. Armstrong emphasized, "Token offerings are a crucial moment for the crypto ecosystem and must be done the right way. This time, we finally did it."PANews reported on November 12 that Coinbase CEO Brian Armstrong stated that token issuance is "officially back," and Coinbase's new token sale platform aims to address the fairness and incentive mismatch issues that existed in the past ICO era. Armstrong pointed out that the team studied the drawbacks of past token offerings and designed a new model that uses algorithms to reward loyal users and punish short-term speculation, thereby establishing a healthy incentive mechanism between the project team and the community. He stated that for the first time since 2018, US retail users will be able to widely participate in compliant token sales, marking a positive development in the US crypto regulatory environment. Armstrong emphasized, "Token offerings are a crucial moment for the crypto ecosystem and must be done the right way. This time, we finally did it."