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RE: Any tips about creating a token ?

in DCooperation3 years ago (edited)

Quite excited about your idea and I think it can gain value and good investments in the future.
Honestly, I don't know much about creating a token but I like the structure of POB as it has a "fair launch" and a long-term view to attract investors...

POB is a pure 100 Proof of Brain PoB token meaning that the only way the token enters circulation is through PoB rewards that are earned by posting and by curating content with POB staked. 1 token has been issued to proofofbrainio to enable staking. There will be no more POB tokens issued except through PoB rewards. Like bitcoin mining rewards decrease by 50 every 4 years.

However, if you want to follow this strategy, maybe it would be a good idea to reduce the period of "halving" to 1 or 2 years rather than 4 years. I think it is good for inflation to be reduced more quickly to give investors a further incentive to hold

Best wishes :)

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Thanks for your feedback. I don't want to copy other tokens and still not sure that the front end is needed. Maybe this will be only a token that will rewards collaborations. I talked even with a few developers here and it seems that I have just to do it my way. It will be crazy a bit and maybe just an experiment, but it's better than doing nothing. I have nothing to lose anyway trying this. Maybe it will be valuble even if it's not following all the rules of investors !