Content
@
1 reply
0 recast
2 reactions
@
0 reply
0 recast
0 reaction
Fungi
@fungi
Token taxes deserve to be explored. If holders prefer community tokens rather than VC tokens, founders treat tokens as products, and VCs are here to play the long game, the solution for founders may be to launch a community-first token with a small fee, renounce supply allocation, and give smaller allocations to VCs.
1 reply
0 recast
0 reaction
Fungi
@fungi
Here’s why: - If tokens are products, it makes sense that they generate revenue for its creators, just as any other product in the world. It’s common sense. - Revenue captured from token consumption can be used to fund development (less capital needed to scale), incentivize growth, cause deflation, and more.
1 reply
0 recast
0 reaction
Fungi
@fungi
- Token holders prefer to spend a small fee with every swap (let’s say between 20 and 50 basis points) rather than holding an asset with absurd FDV and half the supply owned by founders and VCs. That's the holders' trade-off.
1 reply
0 recast
0 reaction