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Author Topic: Can PACK replicate BNB's success?  (Read 289 times)

Offline BitHunter

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Can PACK replicate BNB's success?
« on: May 23, 2024, 09:39:46 AM »
Hey guys, I know this is a long shot but here is my though progress...

Utility has been the life blood BNB and it is with this that it gained so much value. I remember once I got chosen for an airdrop and I couldn't claim it coz I didn't have any BNB for gas fee... Needless to say, I got me some so I could claim my airdrop...

With that in mind, I came across PACK which is the native token of the HashPack wallet and remembered my experience. HashPack wallet is already been used by 95% of the Hedera Chain users which is already a good market monopoly. If they were to use the PACK for gas fee, could it propel it value?

Can it generate instant intrinsic value? What are the pros and cons for doing that though?

Thanks guys!

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Can PACK replicate BNB's success?
« on: May 23, 2024, 09:39:46 AM »

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Offline Zed0X

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Re: Can PACK replicate BNB's success?
« Reply #1 on: May 23, 2024, 04:29:56 PM »
Is Pack another token under Hedera chain? If so, then why would you want to use BNB, the native token of an independent blockchain, to Pack which is a native token of a wallet? You'll probably have a better picture if you compare is to Trust Wallet's TWT.

Offline MCcabe Rory

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Re: Can PACK replicate BNB's success?
« Reply #2 on: May 23, 2024, 05:50:46 PM »
Hey guys, I know this is a long shot but here is my though progress...

Utility has been the life blood BNB and it is with this that it gained so much value. I remember once I got chosen for an airdrop and I couldn't claim it coz I didn't have any BNB for gas fee... Needless to say, I got me some so I could claim my airdrop...

With that in mind, I came across PACK which is the native token of the HashPack wallet and remembered my experience. HashPack wallet is already been used by 95% of the Hedera Chain users which is already a good market monopoly. If they were to use the PACK for gas fee, could it propel it value?

Can it generate instant intrinsic value? What are the pros and cons for doing that though?

Thanks guys!

That'll be extra utility imo, since pack Is a newly listed token maybe the devs will look into this as I've not read their road map. It was all over the place yesterday with events like these on the token. Did you engage with any?

 

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