Just dropped again one of the most obvious inherent token utilities - and one that’s becoming essential as more and more tokens are created👇🏼
1️⃣ Enable permissionless creation
2️⃣ Enable better discoverability by putting economic stake behind the top assets or ideas (curation)
This is valuable for DEXs like Uniswap;
Launchpads like Pump fun & clanker;
But also apps like @qrcoindotfun;
Where new value is unlocked for token holders, newcomers, old and new Assets - and you can even enable multiple curations aka predictions - and thereby multiply value.
@qrcoindotfun In practice, Just staking on best $clanker $uni assets will show boring bag bias.
Hence you a little incentive: Stake on top Performance assets in next 7/30days to get prize x.
You can also predict other outcomes than prize, like top breakout app using $qr, with farcaster data!
@qrcoindotfun How do you fund this?
I hope Not with token dilution but part of revenues. Then explore whether this new token utility drives more demand to your token than you pay for it.
Revenue = demand
Investor believe = demand
Utility need = demand
Optimize for growth in long-term demand
@qrcoindotfun Ofc you can also finance this with Investor Money and therefore Focus on Investor believe, token utility and ultimately go for revenues too to create some Long-term sustainable valuation.
Both of these approaches are fair-Game:
Build it, then hype it;
Or Hype it, then build it.
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