#YZY加密货币生态系统# has witnessed the rise and fall of too many encryption projects, and the situation of this YZY ecosystem really makes one reminisce about those projects that were a flash in the pan back in the day. 94% of the tokens are held by insiders, and this highly centralized distribution method always raises concerns. Looking back at history, similar token distribution models often struggle to maintain longevity, ultimately leading to project collapse.

Especially the 87% of tokens controlled by a single multi-signature wallet, even if they are now distributed across multiple wallets, are essentially still highly centralized. This inevitably reminds one of some projects from the 2017 ICO boom, which also started in a similar way and mostly collapsed quickly during market corrections.

Another noteworthy point is that over 3% of the tokens were purchased in large amounts by pre-prepared wallets at the opening. This kind of operation has often been used in the past to create false trading heat, laying the groundwork for subsequent sell-offs.

It must be said that the picture presented by these data is very similar to those projects that ultimately failed. Although history does not simply repeat itself, it does rhyme. For those who have experienced multiple market cycles, these signs warn us to remain vigilant.

Of course, every project has its unique aspects, and YZY may have its innovations different from the past. However, as a veteran who has witnessed the rise and fall of countless projects, I must say: overly centralized Token distribution is often a stumbling block for the long-term healthy development of a project. I hope the YZY team can learn from historical lessons and adopt a more decentralized operational strategy that is more beneficial for the long-term development of the ecosystem.