Post
Topic
Board Tokens (Altcoins)
Re: [ANN] 🎥🎥🎥 CinemaDraft 🎥🎥🎥 Daily fantasy - but for the movies
by
DeFiMovies
on 27/09/2021, 13:05:56 UTC
so 10% of the token supply will be used for marketing purposes, I think it's good, as some projects using smaller amounts for marketing
Well, it depends on the project strategy, if they feel they can't handle that much for marketing, it will give big loss impact for their project, especially for their tokens. However, a project have legitimate reason in reserving their tokens for marketing, they won't do it carelessly.
The first thing to deal with this, is provide liquidity in the exchange.

With 10% of the token supply towards marketing (33% of which is locked for two years to spread it out), we have chosen to dedicate more tokens in player rewards (Community Jackpot Fund - 8%), and controlled monthly liquidity (20%).

Keep in mind that those are just TOKENS used for marketing, not our marketing budget overall! Depending on the size of the token sale, transactional volume, market conditions, and the popularity of the game, we anticipate spending well above the value of our marketing tokens to promote the token, DEX launchpad, and game.

Introducing DraftStream, the debut fantasy sports-style game on the CinemaDraft gaming platform, currently in development.

https://youtu.be/8mwvUl28eQM