I like this and will hold some. But, apart from utility is there any backing up given to this token so the price action won't affect as more tokens circulate in the market?
Congrats and keep growing bro.
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@lordshah Thank you! I can only say that the issue price will never be lower for later tranches. This is also an experience for me, and I have plenty of ideas. Its primary role is still the utility like XBOT, ARCHMAGE tokens but with a plus, like these rewards.
The primary concern is that whenever there are plenty of tokens in circulation and users tend to move on it keeps dropping, I see this problem in Hive, take any token even LEO was one $1 and now it's 2 cent.
Sorry, I still don't get it. TRENDZ is a utility token, you get additional features for it. If someone decides that he wants to sell for 90% cheaper, it's up to him.
All I can do is to incentivize people to hold. If you are looking primarily for profit, TRENDZ is not for you.
Incentives are also profits in some way. But, having a utility is a plus point as it make token more sellable. I'll still buy, just having a discussion, if you mind my words. Sorry for that.
@lordshah You don't have to say sorry, thanks for your mentions, everything is welcomed 😌 Happy collecting!
It is good to back the tokens with something even HBD is a nice option.