Post
Topic
Board Tokens (Altcoins)
Re: [ANN][IDO] Boopsy: a token that rewards holders of BOOP with more BOOP
by
Boopsy
on 24/02/2021, 01:22:33 UTC
Boopsy token holders are still very few, only 4 wallets at the moment, is it possible that people are not interested in the ongoing promotional event?
as well as creating even more unique programs to attract people's attention
Yes, to this day i see there are still 4 holders. exactly what is the use of this token? apart from getting dividends. besides, does this project have a white paper and a roadmap? I haven't found it yet, neither has any information about the team.

There is no roadmap or team - those are expensive things applicable to incomplete projects that actually take away from holder value.

We wanted to ensure that the contract is actually a contract (we have seen other projects use "upgradable proxies" which means the contract can change whenever they like). There should be no agreement between holders and some team responsible for the contract. The contract is between holders and the contract itself.

The use of this token is similar to that of $AMPL - a token that automatically adjusts its supply based on demand. Namely, channeling market cap increases into more tokens rather than existing tokens. And importantly, avoiding the death spiral of taking away tokens when demand is decreasing, opting to pause it instead while incentivizing demand with a higher reward rate.