1d ago
why launch a token for @fishingfrenzyco ?
i get asked this question by other founders and thought i'd share some thoughts:
1. tokens are a great tool for incentivizing and rewarding behaviours that help grow the ecosystem (and we will use proof of contribution to more efficiently allocate incentives)
2. tokens can give the community shared upside from the games success and build up an army of advocates
3. tokens can also help to bootstrap growth and cash (both pre and post TGE), which then unlocks the ability to deliver on the vision
there are some downsides and risks too of course, but we think the 10-100x potential is worth it
remember its only been 9 months since we first launched on @Ronin_Network , and the TGE will serve as one milestone among many
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