I see a lot of comments raising concerns about the proliferating number of tokens and Sovryn turning into a “shitcoin casino” etc. I think it’s good to be wary of superfluous tokens. But I also don’t think we should be knee-jerk against new tokens simply because they aren’t backed by RBTC or SOV. The question of whether or not a new token is “necessary” or “has value” is more nuanced than that.
I wrote a post on a separate thread about this, since I think this topic goes beyond the debate about this SIP. Happy to discuss this over here if anyone would like to join and share their thoughts.