Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [LIFE] Token | Card | Reward | Simply for everyday people | Launched
by
fairysquirt
on 13/05/2020, 00:44:54 UTC
msg to team:

your token runs on ethereum, there is no operating costs besides mining fees for users. you are shredding atleast 8btc worth of listings.
'the wallet is closing' is irrelevant.

solution:

offer a 1:10000 coin swap to a chain with 1:10000 less supply, retain your exchange listings

no coin needs more than a billion supply as decimals exist and it actually places decent projects sub-satoshi,
also in the grip of flippers. once below 20 sat it is difficult to recover as a project.

example: you could instead mint 1 token.... and trade fractions of that token that is .99999999 tokens... before you even
consider adding a decimal place later on with your early dream of 'one token per person on early' realizing if adopted.

you just suffered from over supply... so instead of giving up on exchange listings and your community,
why not just reissue the chain and offer a swap. release a snapshot date where people hold their life tokens in ETHEREUM address.

et cetera.

hope you're well, i'm not invested, just a suggestion as i've watched this project for several years be victim to its own over supply.

in your PSA you barely covered the fact that users can store their erc20 tokens, by sending them to their public ethereum address they hold the private key to.


if i didn't know better seeing a rebrand i'd think you were intentionally causing panic fud under adverse conditions,
then maybe come back in 5 months time as if the forced token burn didn't happen through neglegence.

just do a supply/chain swap. fixed.