Altcoins Talks - Cryptocurrency Forum
Archive => Promoted section that are no longer active => Next Moon => Topic started by: NextMoon on April 16, 2021, 02:11:18 PM
-
This is not a question asked, not even once ...
However, this should be an important question when you do your DYOR about a project or startup ?
Obviously, shitcoins need no funding, they just need to convince people that price will go up, because they will list here or there or someone will tweet or talk about them, or ... You know a zero-sum game, a greater fool theory.
Often you hear shitcoin founders (usually on twitch) pretending they are spending from own pocket for marketing etc ... This makes me want to laugh, no they don't the sell tokens to cover expenses and make money, don't let them convince you otherwise.
We need funding, because we have serious projects with serious requirements.
We will be selling tokens to fund the development of these projects and the marketing of the token and the project.
Thus funding comes from token selling.
Selling procedure:
We will be selling in small amounts, in-order not to kill momentum, thus you have nothing to worry about.