There's something refreshing about how A26Z handles its tokenomics with a locked 26M supply cap. That hard ceiling actually changes the whole game—it forces teams to execute properly instead of diluting their way out of problems. You get rewarded for staying focused on what matters: building real products, onboarding actual users, and growing sustainably. None of that hype-fueled pump nonsense, none of those quick exit strategies that plague so many projects. For token holders, A26Z reads less like a speculation play and more like backing a project that's genuinely committed to proving itself.