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kompreni 🚂 pfp
kompreni 🚂
@kompreni
Don't forget your core insights. I've been working on token models a lot lately. It feels so greenfield. I keep asking myself "what about this way" or "that could be possible" and then I have to remember that THE WHOLE REASON I started down this path was because of a core insight. I need to stick to it.
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kompreni 🚂 pfp
kompreni 🚂
@kompreni
The insight in this case: Tokens need better ways to encourage people to hold. Rebase tried (is trying) LP incentives but it's a steep climb.
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@hammallama.eth
Idk if you received any but last year on April fools I got fool token which can only be sold or bought on April fools I checked the price on 4/1 and decided to hold it another year Token utility is a good reason to hold Sell penalty isn't great makes me not want to buy the token in the first place Things like eth printer and lottery systems can go under utility category? The biggest hold factor is the community >my 2 cents
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kompreni 🚂 pfp
kompreni 🚂
@kompreni
The April 1 mechanic is very novel! I agree sell penalty isn't great, but if project is compelling enough to get you to buy despite that, then you now have the hold mechanic in place. /stokefire is doing this successfully.
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@hammallama.eth
Gamification is great utility Stoke fire had that initial massive airdrop too can't forget that
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