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Callum Wanderloots ✨
@wanderloots.eth
What do people think of project tokens? What are the best examples you’ve seen? Imo some of the best I’ve seen lately are @qrcoindotfun & @noiceapp, the utility provided alongside the token aligns with the underlying project itself Been reflecting on this more lately & am curious what you think
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Discman Studio
@discman
'project' tokens are ultimately loyal points that reward engagement, which is good. loyalty is utility. although, the fact that they are all have a supply of 100billion is a strange requirement.
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Callum Wanderloots ✨
@wanderloots.eth
Hmm I’m not sure loyalty is utility? Can you elaborate on that part? Eg with noice, the token itself is used to tip with engagement. The more early noice you have, set at a fixed price (eg, $0.01), the more you’ll be able to participate in the project I think the utility is what drives loyalty, encouraging people to hold and become loyal
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Discman Studio
@discman
rewarding loyalty is the utility. otherwise just use USDC.
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