Stephan
@stephancill
Bought some to support @vrypan.eth! App coins feel like an inefficient way to fundraise since snipers and traders are going to rinse everyone trying to support the cause Kinda miss the NFT days. At least you’d have a collectible to show for it afterwards and the illiquidity makes the value a bit more subjective
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limone.eth 🍋
@limone.eth
agree on the inefficiency here, besides NFTs, what you think could be the best way to do a crowdfunding in these days?
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Stephan
@stephancill
i think the inefficiency comes from the fact that you're effectively selling the opportunity to speculate as a product and funding the cause is secondary the fee on trading volume is an improvement over the creator having to dump the token. perhaps we should just increase the trading fee to like 5 or 10% for fundraising purposes 🤷♂️
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Ξ2T 🏰
@earth2travis
https://yeet.haus/
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