If paid signature campaigns are not the best option, what promotion strategy do you believe would attract genuine long-term supporters?
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However, if someone wants to pay large sums to winners of some contests for promotional purposes, that's fine under 3 conditions:
1. You fund your initiatives yourself, rather than fundraising, as fundraising irritates people and resembles begging. Incidentally, forum rules often restrict begging.
2. It's preferable that large payouts be given to reputable, high-ranking forum members who participated in the contest, as this can increase the token's popularity. This doesn't mean we can't subsidize newcomers and mid-rankers. It's just that people who have spent a lot of time climbing the ranks are more respected and deserve greater rewards.
On the other hand, newcomers can also earn greater rewards if they contribute to Chamby.
3. Payouts in Chamby must be pre-purchased from the liquidity pool so that in the event of sales, the pressure on the price is not too great.
Furthermore, it's important to remember that Chamby isn't just about marketing. It's also about creating useful apps, which I hope we'll be creating in greater numbers in the future.
Well @Julien_Olynpic These points of yours seem quite practical to me too, brother. Especially the idea of purchasing tokens from the liquidity pool to distribute as rewards. This avoids the market pressure caused by minting new tokens and keeps the circulation somewhat natural.
I don't think purchasing Chamby from the liquidity pool just before distributing rewards has anything to do with minting new tokens because the tokens are already there in the liquidity pool, it's all about eliminating downward pressure on the price if the people receiving the rewards decides to sell.
Let me give you two scenarios
Scenario A: Without pre-purchase
A person who wants to distribute 50,000,000 Chamby as rewards sends it from his wallet from his own previous holdings without a fresh buy, if the recipients decide to sell, then the market only records sell pressure of the tokens and the price drives downwards as more to.
Scenario B: With Pre-purchase
The distributing channel acquires a fresh buy of 50,000,000 Chamby just before he distributes it and the market already records a buy pressure, and even though they decide to sell all, it is not driving the price downwards but trying to bring the price back to what it was before the purchase, so the buy pressure balances out the sell pressure and the effect on the price is not on the negative side, but may remain slightly positive if some of the recipients decide to hold.
Why does this help the priceIt's because every purchase removes tokens from the pool and every sell adds it back, thereby demand increases before supply is returned and this helps trading volume to be more balanced and price movement tends to remain less abrupt.
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