Post
Topic
Board Announcements (Altcoins)
Re: 🚀 [ANN] Stabila Public Chain (STB) | Decentralize the financial system. 🚀
by
Bitstar_coin
on 14/02/2022, 07:35:56 UTC
According to his previous reply to a post this is a way of ensuring that scam projects don't find easy access to launch on the stabila network since stabila is here to fight scams and set the record straight,
So probably by imposing such amount it will scare off scam project and most likely potential project as well,
Aside from high fees to pay, a license will be issued to a potential project which most likely will be reviewed manually, lol, what happened when there are many requests and this network is supposed to be better than the rest according to the dev, will you keep them waiting by undergoing manual review?

To be honest I support how they want to prevent scams. But where regulating token deployment by the team or by a centralized organization then the entire ecosystem is wouldn't be decentralized. There are some alternatives to prevent scams like doxxed team or verifying KYC by Launchpad. But do you think they succeed to prevent scams? People just hire someone to verify KYC and skip with the fund. Then nothing happened later on. For a few days, People will cry then forget. So I don't think this would a valid reason to issue the license and high deployment fees.

This space is not 100% free of scams or fraudulent activities, no matter how hard anyone tries to get rid of such projects others will keep coming,
The idea of regulating the whole token deployment process by the team will definitely keep some potential projects away from using the network, the use of blockchain is to make things much easier and not do things manually again.

From the post I read above, I think the stabila dev team really need to have a rethink about the direction of their project in terms of connecting to other projects,  I read somewhere above the dev thoughts about cmc and cg, it is not up to you to make it right or point out their flaws because every project has them, but the goal is to be in these sites where people frequently view crypto-related projects to give exposure to stabila as well, if you keep your project away from these sites, am afraid this project will not get the need exposure to reach as many users as possible.