How are you going to compensate for the volatility of your CDX token when it hits the markets? As a content creator the $$$ amount per token being paid out will no doubt fluctuate up and down from day to day.......worse for the advertisers, how can they determine the value of their ad revenue on a token that you have to admit.....cannot just keep going vertical forever.
We don't expect the kind of volatility seen with some tokens. The CDX will be constantly purchased by advertisers to pay for ad space, so there will be good market depth. The pump-and-dump schemes only work with tokens that are basically not used in day-to-day operations. In such cases, coordinated groups can create massive volatility on low daily volume. With the CDX it will be hard to do at first and almost impossible to do as the network matures and grows.
It seems to me that the success of this project lies very heavy on the speculators pushing the value up and keeping it up. GREAT, if the value of the project justifies the consistent and managed upward momentum, but come on, nothing is stopping a pump and dump from happening, lets say for example, from your competition who would love to create chaos for your customers who have to rely on some kind of stability of the coin.
Would a longer term contract signed by content creators and advertisers help?...and would they be willing to do so if pump and dump is done to you by your competition or anyone with a large stake on a regular basis?
what is to stop anyone from purchasing a large amount during the ICO just to control the price? Has already happened to many coins already.
Why not have a derivative coin / tokens tied to the US $ separate from the CDX just for this very reason?
the only other way I can see you preventing large swings is if you held a majority of tokens in order to flood the market or buyback your own tokens in a moments notice. This does not always work so well either.
Don't get me wrong, I like the project and might still invest, but tough questions need to be asked in order to make sure it is project that can be as strong as possible for all parties that want something like this to succeed.