hey dev, maybe you could reply on my question.. what guarantee that the price of snov token will grow and for what reason? would be grateful for your feedback.
Hello! The Snov token would grow with the growth of the number of contributors. They would be paid with tokens for their leads and also each data purchase is then rewarded with 70% of the revenue in SNOV tokens. So there would be a need to buy new tokens and it will cause the growing demand and a high demand implies a price increase.
can I just ask, what IF, theres a big IF, the growth of the contributors is insignificant, will it work vice versa? will the value will shrink?
I think this is a good question. From my perspective, once a contributor earns tokens, they'll want to redeem it as soon as possible, so you'll have a constant flow of sellers. Plus, there's always going to be a limit on how much a business will pay for data, so that'll put a cap on the token price. At some point, the ROI from other data sources will be better than Snovio data even if the data isn't as good. Any idea what that cap might be using some of your market estimates?