Goofycrisp@goofy_crisp
I understand your point, but I don’t agree.
DAU, TVL, and volume won’t magically increase. It’s the classic chicken-and-egg story. Cardano is trying to fight with its hands tied behind its back.
Cardano needs more dApp integrations, CNT support, marketing, and CEX listings. We need exposure from retail apps to the Cardano ecosystem. Go around and ask — everyone knows ADA, but almost nobody knows we have smart contracts, tokens, DeFi, and an entire ecosystem, because it’s represented in a very limited way.
Cardano and CNTs should be natively integrated in all top wallets and retail apps — they’re not. Top projects should be represented at the biggest crypto and tech conferences around the world — they’re not. With Cardano being priced as a top 10 crypto, CNTs should have at least 10x more TVL and volume — yet they don’t.
@snek has been working around the clock for two years straight. Most projects would have quit by now, but we’re still pushing, and will continue, because that’s our mission. We’re the only project that truly has a shot this cycle to push beyond our Cardano bubble and prove to everyone that our ecosystem exists and is successful.
You’re right that CEX traders don’t directly use the chain. But we’re opening a token to a large pool of users who will inject liquidity into $SNEK — and what do you think will happen? Early holders (Cardano maxis) will take profit and re-inject that liquidity into the Cardano ecosystem. Many people will discover that we have tokens and memes; they’ll be interested, want to catch the next ones early, and will start using the chain.
A Binance, Coinbase, or Robinhood listing would be the biggest marketing event ever for CNTs and would be a complete net benefit for the chain.
$SNEK listings won’t solve all problems, but I’m positive the side benefits are worth far more than the 0.26% share of the treasury we’re requesting.
Charles Hoskinson and Snek share one thing in common: we want to win.
