Why isn’t Fomo issuing a token for now? Fomo Co-Founder: If the token price drops, the market will label the company as a 'failure.' Crypto Insider and Crypto Banter host Ran had a conversation with Fomo Co-Founder Se Yong. For a company focused on on-chain transactions, 'not issuing a token for now' seems to go against market expectations. Se Yong explained that if they want to build a financial app that’s trusted by everyday users, used long-term, and inclusive enough, the company can’t let the token price become the sole narrative of the business. He mentioned that issuing a token could still be an option in the future if regulatory frameworks and on-chain distribution mechanisms mature. But for now, their priority is figuring out how to go public and enable as many people as possible to participate.