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RE: Shittokens

in LeoFinance2 years ago

Happy to see a new (old) face pop up in the LeoFinance post stream.

Welcome!

I've previously shared my thinking on what gives Hive-Engine tokens value, with the main driver coming from the fact stake gives you influence over how content is displayed within a niche community.

If you had a monetised offer and wanted to put it in front of prospective buyers, then you could do this via buying ad space on someone else's site...

...Or by buying stake in a tokenised community that not only gives you the ability to put your content front and centre immediately, but also build a priceless social rep for your business.

Money money!

I just think the business angle is hugely underrated and the fact we really haven't seen anyoneeee do this within Hive communities full of targeted buyers, is mind boggling.

Why?

Well partly the reason is like you said, because the token distributions and pre-mines make them extremely unattractive to anyone that understands what's going on.

But still, the potential is undeniably there if communities can get their initial distributions and ongoing emissions schedule fair and allowing sustainable growth.

I'm happy to hear that you and OCD are thinking about this too and trying to encourage new communities to begin on the right foot.

See you around!

Posted Using LeoFinance Beta