The distorted model of 'list and dump'
Many projects pay up to 20%-30% of tokens as 'listing fees' to secure exchange listings. However, these tokens create massive initial sell pressure, resulting in a lose-lose-lose situation for project teams, long-term users, and ecosystem builders!
Hyperliquid's on-chain journey
Completely reject CEX, fully build on-chain, its revolutionary proof:
The project can achieve great success without CEX endorsement, building a healthy ecosystem
Fairness first: eliminate institutional discounts and gray allocations, ensuring all participants equally acquire assets on-chain
Cost and loyalty: save massive listing fees, redirect resources to product and community, aligning interests with users
Jackson's strategic choice: follow the paradigm, deepen on-chain focus
'Not listing on CEXs in the short term' reflects JacksonProtocol's clear understanding of the current distorted model and its proactive choice of a new paradigm. This core decision prevents value leakage, avoids initial selling pressure that could disrupt the economic model; funding driven by real product demand (e.g., PTCG) is more sustainable; maintaining fairness and transparency builds a trust moat.
Value Logic Comparison
The old model overly relies on 'listing expectations' hype, lacks sustained value support afterward, and falls into a prolonged decline after positive news is fully priced in.
The new model focuses on 'protocol cash flow and ecosystem development.' For example, JacksonProtocol generates real revenue through actual business operations like PTCG, then closes the loop via buybacks, burns, and dividends, creating a sustainable, auditable growth flywheel, deeply integrating with the Sui ecosystem and users!
Summary
JacksonProtocol rejects the old strategy targeting listed CEXs, which is the most critical and hardcore element of its overall narrative—this is not just an operational choice, but a 'declaration' against short-term industry traps, affirming its economic model's ability to create value independently!
There is reason to believe this on-chain gaming protocol is shaping a new order as a disruptor committed to transparency, fairness, and value driven by its own operations!