czar
@czar
my only issue with funding projects with fees generated from trading is - it is not sustainable. if it works, it only works for the biggest of the coins. we had a whole nft cycle relying on this revenue stream and it didn't go well even for the big platforms like opensea
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Gramajo
@gramajo.eth
Yeah I would agree. Even as a content creator doing a token I’d say it’s hard. You also have to constantly talk about it until you hit really deep critical mass. Even something like rekt coin which I would say the brand is strong it’s literally non stop. I mostly did mine as a side income thing/experiment but even that isn’t working too well. Which has me curious about sanctum lst content creator tokens, seems like a better model at least for creators
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downshift
@downshift.eth
totally agree. i am (mostly) making revenue from peer-to-peer transactions, instead
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Garrett
@garrett
LP fees are different than transaction fees
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jp 🎩
@jpfraneto.eth
i think that sustainability comes as a consequence of continual experimentation, not only *one* project being successful something like this chart but over time with different projects at least that is my approach
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naaate
@naaate
Yes, for most it can’t be the main long term revenue model. What it can do: -Give you enough funds to put together a first version of the vision. -Measure communty sentiment (somewhat) How to maybe get more runway from it: - buy more supply at the start - use fees to create additional LP positions.
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