Token issuance hides a real dilemma - the project party needs time to develop the product, while investors are eager for liquidity.

Aligner Z Labs' TVS solution is quite clever: during the vesting period, funds remain locked, but these locked positions can be converted into trading NFTs. This way, although investors' coins are not unlocked, they can gain a certain level of liquidity and flexibility through NFT trading. It provides the project party with a time window for development while preventing investors from being completely trapped. From a certain perspective, this is a good balance found on both ends of the scale.