everyone is interested, if any plan to increase the total supply exists?
Dragon8 Hard Fork is live on Chiliz Chain 🐲🌶 Introducing Tokenomics 2.0, including staking rewards and a transaction fee burn mechanism, and substantial developer-oriented advancements. Dragon8 Hard Fork block: 13,973,261 ✅ 📰 medium.com/chiliz/c78e9717b928 #ChilizChain ⚡️ $CHZ
Doesn't sound promising for hodl strategy...but tnx anyway. Let's hope some good news on the way, and the price will bounce back a least a little
You need to stake
It won't compensate inflation rate, eventually it doubles the amount of the coins
Alex Flamengo is the biggest team in Brazil and has over 40 million fans. $mengo has been around for 2 years but is not listed on major exchanges except okx. We want to see the $mengo fan token on upbit, bybit, bitget, paribu and btcturk exchanges.
Well for now it does, APR of up to 47% and inflation of 8.8% - if you don't stake, your % proportion of the total supply is going to shrink vs people who do stake
Flamengo is much bigger than Santos, and Santos is on Binance worth almost 10x more
Santos is not related to chiliz/socios
I thought it was, since the supply is the same 30m
Flamengo has 40 million fans. If each fan has an average of $1 worth of Mengo fan tokens, that means Mengo would be worth at least $10. Tell me, why can't Socios get fans interested in Fan Tokens?
Can you make all people in the world buy $1 of bitcoin? Or have at least $1 of USDT in their wallet?
The Bitcoin marketcap is more than $100 for each human being alive including infants :)
I said on average. It's not like everyone will support it. How many people out of 40 million people hold Mengo? The number of Mengo holders is 1310. The ratio to the number of fans is 0.00375%. Mengo market value/number of fans = $0.045. Bitcoin market value/all people in the world = +$100.
Well you said every fan
We should aim for 0.01% which is a good approach and realistic target Getting that to 4,000 holders will 10x the price for sure It’s again all about utility that attracts these users
No, you said EVERY FAN hold an average of
I don't understand, isn't it obvious? The interest of the fans of the teams in fan tokens is 0%. As can be seen from Rocketfan, liquidity for most of the fan tokens is provided by Turks. Paribu and BTC Turk. Then comes Upbit, the Koreans. So you are missing something. Fix this. Organize events to ensure that fans hold fan tokens. For example, those who hold 100 fan tokens can participate.
If is obvious don't make such question
There is no liquidity on Cex. I have been buying/selling mengo on OKX for 1.5 years. I have never seen proper liquidity. If there is no liquidity, there is no much conservative. For example, there are 2.2 million mengo on the Chiliz exchange. It is clear from the liquidity and volume on the Chiliz exchange that it is owned by the Chiliz team. Many fan tokens are like this. For example, there are 6 million arsenal fan tokens on the Chiliz exchange. When you look at the liquidity and volume on the Chiliz exchange, it is clear that it belongs to the Chiliz team.
ChilizX is closing soon so no one is buying/selling on ChilizX. But on the other exchanges liquidity is good
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