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RE: Did minds.com fail?
I don't really think I could use it... I'm not convinced on tokenomics that are very rigid.
- Our token only does this
Greed is an ugly word, so we've invented more palatable concepts to embrace it's necessity, and ambition is part of the gamification of an economic system. If there's no real reason to stack up MIND tokens, and no exchange, the only way the go up is if minds.com becomes the new facebook. What is the likelihood of that?
and I only say this because if the amount of eyes on minds.com is in the billions, then it would make sense for people to pay more for the visibility. But the problem is circular. It's not no visibility, so the token is cheap, the token is cheap because it has no visibility.