ali.base.eth
@alitiknazoglu
I know current price doesn’t make happy anyone. What’s your intimate opinions about future of $SOCIAL ? And if you have any suggestions feel free to share. Please only real and intimate answers.
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kryptobi
@kryptobi
In app usage dropped significantly because points system was scrapped. This was because of pressure from north Korean police to do staking. I honestly think this was a wrong move. When new users continue to grow, it's only a matter of time before $social price catches up. As it stands now, there is zero incentive for new users to come to phaver. This staking model will only attract farmers and not real users. If people buy $social to stake they will do whatever they can to recoup there investment. Tldr: go back to the old points system but put a cap on points to token redemption.
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Joonatan | Phaver CEO
@joonatan.eth
Move to Social Staking has nothing to do with Korean Police’s pushing, he just wanted staking in general which is simple but not enough. It is 100% clear by now that point system failed to attract enough real users compared to farmers and there is no way to fix it at this point as people want instant gratification and liquidity in the age of memecoins. Current system has not attracted any new users since TGE so has to be changed dramatically. Staking is also done precisely because it gives nothing to farmers, only holders and creators who can help token go up while farmers just want more free tokens to sell.
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