So, recently I started to play around with some SLP tokens. Now that memo.cash implemented the exchange there are tons of offers to sell some random, worthless tokens and I started to thinik what makes a token worth buying in general. Then some crazy idea came to my head, although I'm not sure if it hasn't been proposed before: Why not do BCH development fundrising via SLP tokens?
That's actually a prefect use case for SLP tokens as far as I'm concerned. I think that could encourage lots of people to donate, knowing that they get something in return. And such token could be very valuable by itself. Having it would be a proof of supporting the cause, BCH entusiasts running their own buisnesses could give some discounts or bonuses to people with such tokens, addresses having them could be highlighted on block explorers or other BCH-blockchian-based apps (like memo), dev teams could potentially implement some futures on top of BCH that would reward fundrising-token holders etc. Maybe I'm going a bit too crazy with this last one, but the point is... Such token would have a lot of potential, which would make it a very interesting buy. Personally, I'm sure I'd invest way more in the cause if I could get a token like that for it. Even if in the end it turns out it only has historical, commemorative value.
We already have the regular fundrising at https://www.bitcoin.com/fundraise/, so making an SLP token would be a nice "upgrade". In order for it to be fiar to the people who already donated a lot of BCH to the cause, some of those tokens could be initially distributed to them relatively to the size of their donation.
If you like the idea, please help me spread it! I would love to see that happening!
TL;DR: Why not do BCH development fundrising with SLP token? I'd buy the heck out of official fundrising token!
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from Bitcoin - The Internet of Money http://bit.ly/2FfEoLy
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