Quote from: noormcs5 on Today at 03:34:24 PM

Quote from: Ayub83 on July 09, 2021, 12:03:30 PM

I've been following a few Telegram conversations recently and I've seen a new project type that involves people hanging on to their tokens or coins and then passively earning BNB or another coin. Of course, this might be a wonderful marketing effort to get people to buy the primary token being promoted...after all, who wouldn't want to have passive income?

But, of course, we are always skeptical...do you believe that a programme like this can truly succeed and last? Or is this just another avalanche of meme token metamorphosis?

Such tactics are being used my many projects in order to gain the attention. When people are given the rewards to hold token, people buy more of those tokens as everyone like free money.
Staking is also another way to accumulate more tokens only by holding them.

It is often used by the teams to make the buyers hold while they themselves sell. I think though that more and more people don't care that much anymore about these holding incentives unless they are really convincing and with convincing I don't mean unrealistic APR of 300% for staking or something like that.