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RE: CUBLIFE (CL) from @lbi-token launching 21st May

in LeoFinance4 years ago

I will be transferring equal to 1000-1500 CUB tokens from @lbi-tokens holdings to the @cublife BSC wallet. This represents about 15% of LBI's CUB wallet. These 1000-1500 CUBS will be priced in dollars and one CUBLIFE (CL) token will be created for each dollar transferred.

You own 10% of LBI's you receive 10% of the airdrop

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Sounds good. But in general, wouldn't it be better for LBI to get new investors into LBI instead of creating new token? Do you think we'll get as many new people in?

Where would new investors come from? HIVE is a small number of people. We create new tokens because investors like to have a choice of different investments to pick from.

New investors don't really add any value to LBI. I mean if someone invested $500k today, the price of the LBI token would remain the same and your future dividends are liquidated a little.

Good question, thanks

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I totally agree with that.

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