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RE: Ecency waves Jun 21

in Ecency4 months ago

I know very little about what https://inleo.io is doing currently, but this seems spot on:

Having an inflationary rewards pool is a great way to distribute a token to early holders, but it doesn't do so well at accruing long-term value. Why? Because the token is being continually devalued to pay content creators to continue to do that which they are already doing.

Who knows if things will work out for inleo? But, I think Hive would do well to pay close attention to those words, and frankly, take those words to heart, ponder them hard, and then replicate.
https://hive.blog/hive-167922/@khaleelkazi/the-leo-master-plan-elp

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