Why does bitcoin have value? Let's ask the same thing about US dollars. Why are they worth money when they are only pieces of paper, or in many cases they are completely digital! Well the short answer is because a bunch of people agree that it had value. That's it. There's a limited number of them, and people want them, so they have value. If no one wanted bitcoins, they wouldn't have any value. But people do want them! It's really that simple. Anyway, it's worth checking DAO maker, they let you participate without staking any platform tokens but the pool would be competitive. This would disrupt the launchpad model. Going back, why would it work as a currency? Because you can send bitcoin to other people. You can trade bitcoin for goods and services. Anything can be a currency really. People used to use chocolate and antlers for currency! But its a lot more convenient to use something that can be sent over the internet. It's a lot easier to use!