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RE: Curator Cat on Communities: PALNet and PAL Tokens — a Slow Slide to Worthlessness?

in Proof of Brain2 years ago

Ah, the old question of what gives Hive-Engine tokens value ;)

The changes to PAL's tokenomics have crushed the token's ability to generate demand via their front-end.

I just can't see a reason for anyone to want to buy the token and price will continue on its current path to zero.

BUT.

There is value to be found!

The palnet.io domain is one of the oldest on Hive and therefore Google sees them as 'an authority'.

As its a Hive front-end, other communities like LeoFinance can therefore take advantage of the domain's age, simply by getting their own authors to include the palnet tag.

Just by including the tag, it will generate a palnet.io version of say the Leo blog that features a piece of code on the back end that tells Google the leofinance.io version is the original one.

Since palnet.io has good rep in Google's eyes, this 'recommendation' is more valuable than one that comes from another front-end (like the brand new pob), therefore helping to rank Leo's version higher.

Don't sleep on the palnet tag.

PS. Come back to Leo! :)

Posted Using LeoFinance Beta

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Thanks for the detailed explanation @forexbrokr!

I hadn't considered the SEO ramifications, and PAL certainly does have some authority value in that sense. The domain has been registered since May of 2019, and is paid up through 2023.

I believe it was also the "prototype" for Outpost style front ends.

And yes, I need to find more time to come over and participate at Leo!

=^..^=