phil
@phil
The next evolution of product coins will allow creators to increase supply as a way to raise additional capital after launch.
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Adam
@rhynotic
Disagree. If you need to increase supply to dump on the market I feel like the product doesn't work
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phil
@phil
Where does growth capital come from?
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Zinger ↑
@zinger
Actually making money with the product! Haha let's remind ourselves that the coin is not the product
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phil
@phil
Very few products generate enough revenue to sustain the early team long enough to reach profitability.
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Adam
@rhynotic
then they shouldn't have a token
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phil
@phil
Fascinating stance. We should talk about this more. To make sure I understand your position: only teams who can reach profitability without additional outside capital should launch a token? What if you are 12 months in post-token launch and want to scale the team to capture a market opportunity?
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Adam
@rhynotic
I mean if you're 12 months post-token and you have no revenue, your product does not work and probably time to move on. Also who is going to buy tokens from said team in this scenario? And everyone who has ever bought your token IS THE additional outside capital. The token is not the product in your case
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phil
@phil
Doesn't this disqualify a whole range of ideas? Optimizing for revenue too early can prematurely stunt growth, especially in competitive markets with winner-take-all dynamics.
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Cob Orc
@coborc
wen clanker launch phil please broooooo
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