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I launched my new startup as a cryptocurrency which uses profits to buy-back (and burn) tokens. That way everyone in the community has an incentive to drive pro
by jongjong 3y ago
I launched my new startup as a cryptocurrency which uses profits to buy-back (and burn) tokens. That way everyone in the community has an incentive to drive profitability as it directly determines the market price of tokens. If people don't like where things are going, they can just dump the token, nobody is locked in for any period of time, everyone can see how the tokens are allocated and all individual trades are public (though pseudo-anonymous) on our community DEX. I launched it last week and raised about $1000. One entire THOUSAND dollars! Anyway in spite of all the psyops and gov officials conspiring against this asset class, I find this model far superior than the contrived VC model which makes all participants feel like they're playing a very long game of musical chairs on a global scale... No thank you. Not that I could even get my foot in the door in the first place. That model is not just flawed, it's literally impossible.
Unfortunately I can't promote it to US citizens due to regulatory environment so I can't discuss it here.
- Woshiwuja 3y agoi doubt discussing something is promoting it tbf