in # • 3 years ago

I was wondering why you were (by far) the biggest seller of the MEME token on the Hive Dex(s). This post of yours answered those questions. Have you thought about dialing back your MEME sales? Doing so might mean a higher USD MEME token price which means you would need to sell less MEME to reach your funding goals. It is giong to be an uphill battle to get members trading MEME if the Tribe creator does most the selling. Do you have any plans of any further usecases for the MEME token? Full discloser: I'm not selling MEME at this time

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3 years ago in # by
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       3 years ago 

      You're right. Thank you for the feedback. I wanted to make it fair so that if a dozen or so NFTs were bought in the first few hours the price of MEME didn't quickly jump from 0.0002 to a much higher price since there wasn't as much MEME being sold around the 0.0002 to 0.0004 range. I thought putting 1 million MEME between 0.00025 and 0.0003 would help moderate that issue if it came up.

      Since currently there's not as much demand for the NFTs as hoped that no longer seems to be to be a problem. It's been dialed back now.

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           3 years ago 

          Thanks for the prompt reply. My SPL MEME NFT took a month before the first sale took place. The NFT got noticed when I created a post advertising a Flash sale for seven days. The NFT sold within hours of my post creation. Another sold a day or two after which reminds me I need to go put another up for sale after I'm done with this comment. A giveaway for one of your NFTs might help get the sales ball rolling but its hard to predict such things. I'm just brainstorming ideas for your NFTS, the shared ideas may or may not be good ideas, good luck with your sales.

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