sendit

Most people don’t realize it yet, but the 10,000 token NFTs will very likely pay for themselves once the launchpad goes live. (even at current floor price)...From what I’ve seen, the launchpad will generate roughly $30 in fees per $1 million traded for every NFT. Do the math: with several million dollars in trading volume expected on day one alone, these NFTs should easily cover their cost right out of the gate. THE TEN THOUSAND TOKENS WORK

there's no better way to align project teams with their token holders than ensuring that they hold the token themselves. ideally, they lock tokens for a long time horizon I'm not necessarily advocating for every single dev to do a 10% dev buy - I'm aware of the implications this has for every day traders in the lowcap trenches. But there are ways to ensure that the tokenomics are good creator fees are a good onboarding tool and can help with initial funding, but they're usually insufficient at incentivizing projects to continuously dedicate resources towards making the token succeed long-term. there need to be additional incentives in place I will probably write some more stuff about how we think about balancing incentives, and what our plans are for improving them, so this is more clear there's a lot of work to be done to improve how projects launch, but that's what we signed up for!