so there is no development funds and all the supply will be given away?
that is a great idea but what do you get out of it, the price of the token cant increase when everyone has it for free.
people get greedy and dump, it has happened many times before.
What do you get out of it?
Nothing at first.
- distributing the tokens through bounties for different campaigns will helps us with promotion and even development as there are lots of developers out there who are willing to help and see their work used for something.
- developing services that require Bounty tokens to be used will create a demand.
The tokens are not going to be distributed for free. For example, if you have a twitter account with 2k followers, there is value.
If you are helping us to spread the word about the project, you are not receiving token for free.
Well, if they are able to dump it that means the Token has a value, which is very good.
In time with more services coming the demand will increase and the value of the token too.
The mentality needs to be changed. All we're seeing right now are projects with bold ideas, asking for millions of dollars without creating real value.
Those projects are starting crowdsales and get supported by whales artificially investing big amounts of money early into the crowdsale to create FOMO and bring more investors.
Those whales often receive their money back and get to keep a large portion of the tokens that a sold into the crowdsale to have a control over the market.
There are so many projects out there who started crowdsales 1-2-3 years ago, raised lots of money and they are still unable to offer any real value for those money.