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basil
@itsbasil
if the tokens only use case is admission there is no reason for it to be an erc20 it seemingly works against the project to have a fungible token in such cases why not just have an nft? if i need X tokens to do Y, what’s the point of holding X-1? there is none; the excess liquidity just leads to unnecessary downward pressure on the token
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bark bark
@king
yea, also ai agents could really utilise nfts more than e20, they can put a picture on it and metadata too
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agusti
@bleu.eth
I think the main reason for erc20s and derives to. Be winning is due to the flywheel effect of the enforceable swap LP fees vs NFT royalties
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bark bark
@king
agreed just personally think nft is cleaner and more collectible, something to keep, sentient tamagotchi in my wallet
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basil
@itsbasil
nfts are great because they’re effectively illiquid in times of low demand which is perfect for gate keeping because no one will sell in times of high demand = low turnover/volatility but if it’s an erc20 & demand/attention is not there, the token fizzles indefinitely, likely deterring future buyers
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