Owning 3% of Token's Supply - Is That a Lot?

in LeoFinance3 years ago

Just wondering what the "consensus" is on someone owning 3% of something, like a token's supply?

What does that mean for a token if one person owns that much?

Is that a good thing? Is it a bad thing?

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It’s not necessarily a bad thing if the network is big enough especially if the remaining 97% is properly distributed among other owners.

Posted Using LeoFinance Beta