@antaur.eth
very informative and insightful write-up. thanks a lot.
imo there is a *fundamental* difference between app coins with compelling token utility - and project coins where it's just a fan bet on the founder w/o any current or promised token sink! Bundling them into one category does a disservice to at least one kind.
Who has / can make a visual overview / taxonomy of different sub-genres of project coins?
To kick this off...
Tier 1: core utility
$Bracky by @tldr which you must have to place bets
$NATIVE by @derek which is paired against any context coin in the game = buy pressure a la Virtuals, plus must hold native for other functions
Tier 2: token-gate
$CLANKS must hold 50M to access app
Tier 3: optional utility
$NOICE: you can use it, but it's one amongs countless of other coins
Tier 4: memetic bet on the founder/project
$CLANKER
Buy-backs from fees is not utility imo, but can help with PA
wdyt about this all?