Long.xyz Launches New Pre-IPO Feature with Approximately 10,000 New Asset Issuance Projects
Long.xyz founder Nate stated that after the launch of the new Pre-IPO feature on LONG, the platform has added approximately 10,000 asset issuance projects. If token code locking and client issuance quantity restrictions are not implemented, the daily issuance volume could reach 100,000, making it more likely that the platform will be used by bots, making it difficult for ordinary users to filter through a large number of new assets, potentially fostering FOMO trading, chasing transaction volumes, and data inflation. LONG will continuously adjust issuance restrictions based on demand changes and plans to add an asset discovery filter to help users screen projects based on parameters such as whale holding ratios, asset longevity, and antifragility, while aggregating liquidity and capital flows to assets that perform well and have unique characteristics within the ecosystem. The team is monitoring suspicious activities across all trading pairs and has not found any major issues so far, but is prepared with new risk control parameters; if it is found that price manipulation is caused by coordinated actions rather than natural market activities, the team can quickly implement relevant restrictions.
-- Price
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