Why, having issued our tokens to attract investors, did we abandon this idea after half a year ?

in #coin-business2 years ago (edited)

DlaLinKedin11.PNG

Last December, our team, after conferring, decided to continue development and work, it would be nice to have free money for this. Since none of us planned to spend our own money, it was decided to create tokens and sell them to investors.

Without hesitation, we wrote a simple smart contract and issued 5 million tokens on the Polygon Matic blockchain, because in this blockchain, transactions are cheaper than on Ethereum.

A post was published on the pages of coinBusiness announcing the sale of tokens, with a warning red inscription, "only invest what you are willing to lose." Further, without selling a single token, we turned to a couple of advertising agencies and sales specialists. Almost all of them, in one voice, argued, in fact, that you need to come up with a beautiful lie, create the appearance of vigorous activity and sell it.

For a small amount of money, several thousand subscribers will subscribe to you, calling it "social media promotion." According to this logic, the emphasis is not on creating value, but on misleading the public and selling illusions. Unfortunately, most projects related to cryptocurrencies, blockchain, tokenomics work this way.

Fortunately, none of us even thought about such an adventure. Finally, realizing that we do not need any of this, they fell behind us.

coinBusiness and we have been and will remain a non-profit company. We do not sell tokens created from "air" and will not chase investors.

We choose freedom, without hype, without other people's money obtained by fraud. Be real, without bought followers and fake likes. We are happy to be who we are, fun enthusiasts.

DomKBR.PNG

Sort:  

Your post was upvoted and resteemed on @crypto.defrag

Original photo from the site Ethereum org. CoinBusiness Wallet

Coin Marketplace

STEEM 0.20
TRX 0.15
JST 0.029
BTC 64440.63
ETH 2653.79
USDT 1.00
SBD 2.80