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RE: I Have Doubts...

in The CTP Swarm3 years ago

I think you're right Jon that the doubts usually come from the sustainability of the rewards, but due to a different reason. Most people could not believe that ListNerds is giving such high rewards for creating content. However, the way I fight such doubt is first by looking at the team behind the project. Though I don't know you personally, the fact that you are always online on telegram, on Hive, and on your regular podcasts, these activities to me build trust.

Another way to fight this doubt is by looking at the tokens' maximum supply, and the quantity of liquid and staked tokens. People are worried that the sellers will overwhelm the buyers causing its price to drop. But as I responded to one post. How can that be since the big holders are stakers and only a tiny amount of the token is liquid? And besides, the concern of the big holders is for the platform to succeed for doing so is consistent with their own best interests. Of course, it won't avoid some smallholders who want to have a quick gain from disposing of their tokens. But the effect of such selling is only temporary.

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Yeah there is most definitely not millions upon millions of ListNerds tokens. And you are right, a massive chunk as staked. Same with CTP too. We didn't wanna flood the market, and try to keep them scarce :)

Thanks for the support!