Nairolf Urges Upfront Terms as Coop Criticizes Crypto Points Programs

In Nov. 2 posts, Nairolf urged projects to disclose points reward terms upfront, while Coop separately criticized projects for abandoning points commitments. Nairolf proposed that projects issue tokens when a program begins, while potentially keeping them nontransferable at first. He also called for disclosure of supply, distribution, how value accrues and the conditions for enabling transfers. Nairolf wrote, “The longer you delay, the higher expectations get and the more trust you destroy.” Coop’s criticism addressed a different problem.