If a project commits to a set lockup schedule, this can be easily verified on-chain by anyone. The role of the self-regulating institutions, then, is to monitor and interpret this data, as it is often difficult to understand and the details can sometimes be subject to debate. Additionally, the public nature of blockchains prevents gatekeeping and allows members of the ecosystem to verify the work of these institutions, helping to stave off corruption.

• SEO Powered Content & PR Distribution. Get Amplified Today.
• Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
• Source: https://www.coindesk.com/consensus-magazine/2023/01/25/crypto-self-regulation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines