basil
@0xbasil
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mostly midwit base yaps // summoning idle rpg @animarisingrpg
nyc
Joined February 2021
/the_product_is_the_token /the_token_is_the_product
sorry to say but price does matter matters even more when you haven't onboarded a bunch of users, but still matters if you're building a good product that people use just do both
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re: jelly users != holders capitalizing via a token is one thing, using a token to vampire is another, but using a token purely as a marketing or distribution stunt will always fail, especially if your product isn’t native or inherently financial i’m not sure why we think in crypto that our users are our token holders outside of the occasional holding requirement, almost none of our tokens have any intrinsic value or utility they’re speculative shitcoins—they attract gamblers unless you give investors a reason to take a look do you think the holders of mcdonald’s stock eat mcdonald’s regularly? not unless your sick like warren, they certainly do not they’re not holding the stock because they enjoy the happy meals these are two very different groups of people that want different things failing to distinguish between the two will lead to token collapse every time
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interesting
It is, and I’m excited to tell the market exactly why
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