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Maretus
@maretus.eth
Back in May, it seemed like everyone was launching memecoins to take advantage of their personal brands. I never really liked this idea because it seemed very 0 sum. Enter Moxie. Now, instead of a shitcoin tied to your personal brand, you can launch a fan token that serves many of the same functions but has the added benefit of being developed by a world class team. On top of this, because of the mechanics of buy/burn, fan tokens always have a reserve of Moxie, making them essentially unruggable. If everyone holding my fan token sold today, there would still be millions of Moxie locked in the contract from previous buy and burns. Tell me how this isn’t a better solution.
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Niko
@nikomfer.eth
you're speaking facts. instead of a memecoin that can vanish overnight, you’ve got a fan token backed by actual moxie reserves.
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Maretus
@maretus.eth
Yea and you don’t ever really have to dump on your fans like you would with a memecoin to ever see any profit.
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