币界网报道：This article explores how information asymmetry threatens the cryptocurrency market, similar to the problem of the used car market described by George Akerlof in "The Market for Lemons". Since sellers have more information, it is difficult for buyers to distinguish between good and bad, resulting in low-quality tokens flooding the market and affecting overall quality. Although blockchain is inherently transparent, many crypto projects are not fully decentralized, and key information such as lock-ups, market-making agreements, and over-the-counter transactions remain opaque. The "Token Transparency Framework" launched by Blockworks aims to eliminate the information advantage of sellers and improve market fairness through full disclosure of information, similar to the regulatory mechanism of the securities market. The framework is seen as an important step for the crypto market to move towards more transparent and healthy development.