How does the profit comes? I think it's for only whales, minnow may not offered to buy and maintain these tokens.
You are viewing a single comment's thread from:
How does the profit comes? I think it's for only whales, minnow may not offered to buy and maintain these tokens.
Can you detail? What profit?
I mean how can we benefited by creating these tokens?
It's not speculative. You benefit from these tokens if you have (or plan to create and grow) a community and that community agrees to use your token for something (very briefly put).
Got it. Thanks for the explanation.
This is a ‘bottom-line’ question for potential SMT issuers, and the leaders of the SMT project should plan to make a deep investment on helping these potential issuers to think through the issues/questions and work out their strategies and protocols with great care.
First, “benefit” in this context needs to be defined precisely, and that definition may vary among a set of potential issuers.
Second, is it enough to imply that as soon as I have the said community, or a plan top create and grow one, i will reap the benefits?
How a potential issuer decides to resolve these matters will influence the conception of the SMT distribution protocol that make sense for her/him, and from that conception we get to programme coding. Or do I gave this all wrong?