Since @pumpdotfun and @a1lon9 gave @kantaro0925 the opportunity to stream, here are my thoughts on why Kantaro’s streams on Pumpfun are another super bullish factor for $SAN
Not so long ago, the whole crypto Twitter was flooded with posts about the CCM meta. We had a wave of hype tokens tied to this meta, but none of them managed to show strength and stay at the top, as a result of which they all started crashing to zero. In my opinion, one of the reasons behind this phenomenon is the very mechanics of Pumpfun
Here’s how it works now:
1.Streamers generate content.
2.The audience buys their token in order to support the content the streamer creates.
3.The streamer receives monetary rewards in the form of fees from the trading volume of their token.
The key problem lies in the fact that this mechanic doesn’t incentivize either the streamers or their audience to keep the token’s price high. The lower the token’s market cap, the more fees the streamer will earn (according to the dynamic fees distribution mechanics). And the audience gets absolutely no benefits from holding the token. Even the charity meta makes no sense under such mechanics, since streamers were redirecting their earnings to charity, but as we already know - the lower the market cap, the more fees a streamer receives. Which means even for charity tokens, a high market cap has no meaning, since it actually reduces the payout amounts!
And that’s exactly why I believe $SAN is better than other tokens.
San belongs to the old guard of tokens that migrated to Raydium (not Pump.swap as is the case now). This means that currently, no one earns fees from trading volume. So, think about it for a minute - Kantaro is not streaming for monetary rewards in the form of fees.
We all know that the CTO team allocated 3% of the supply to Kantaro, and he, in turn, decided to donate all of that money to animal shelters over the next 10 years. In my opinion, this is exactly where we differ from all other tokens that belong to the CCM meta and charity tokens.
Here’s what San’s charity model looks like now, taking into account the possibility of streaming on Pumpfun:
Kantaro creates content (streams) → this helps spread awareness of the project and its idea → people support this content by buying the $SAN token → the more purchases, the higher the project’s market cap → the higher the market cap, the larger the amount of weekly donations → the larger the weekly donations, the more good we can do for animals!
So, under this mechanic, everyone is motivated to increase the token’s market cap. The audience and fans buy the token and are incentivized not to sell it because the more people hold this token → the higher its value → the larger the amount of weekly donations.
And in my opinion, this is exactly the precedent that will help us realize our idea of making SAN the most socially impactful token and surpass all the other Shiba tokens!
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