Sun Yuchen: The value of a token depends on the essence of the business; only high-quality projects can maximize the effectiveness of financial instruments

ChainCatcher news, TRON founder Justin Sun posted on platform X stating, "Regarding issuing tokens, this is my personal view on the matter. Issuing tokens itself is a financial tool and innovation. Financial tools are difficult to bring business value; they are merely amplifiers.

Just like an IPO cannot determine whether a company is good or not, if a company's business form and business model are incorrect, going public is unlikely to save it. However, if a business is good, the financial tools suitable for it will also have strong value.

Whether issuing tokens has value is a question that still needs to be asked of the business's number one position, as they have the deepest perception. The question is quite simple: after issuing tokens, is the business easier to operate or more difficult? Does it provide a better experience for users, and does it solve the problems and bottlenecks on the business side?"