/biz/ - Business & Finance

>team needs to give out pnk as incentive for staking/curation to get people to actually use it
>only people who bother with this for a token with a price this low is thirdies who want cheap easy money, doesn't matter how little because any amount of money is worth a lot in their shithole
>thirdies get free pnk, immediately dump for cash
>nobody is buying and nobody is selling, basically dead and the only action is thirdies selling off their ocassional free pnk
>as a result pnk has been slowly bleeding to death for months instead of crabbing like a stagnant project usually would
>lower market cap means less secure, less secure means less interest from projects that could actually use it, less interest from projects means lower price, endless cycle of slow death
Kleros will never get off the ground unless the team gets their shit together and does something about the price.

>team needs to give out pnk as incentive for staking/curation to get people to actually use it
>only people who bother with this for a token with a price this low is thirdies who want cheap easy money, doesn't matter how little because any amount of money is worth a lot in their shithole
>thirdies get free pnk, immediately dump for cash
>nobody is buying and nobody is selling, basically dead and the only action is thirdies selling off their ocassional free pnk
>as a result pnk has been slowly bleeding to death for months instead of crabbing like a stagnant project usually would
>lower market cap means less secure, less secure means less interest from projects that could actually use it, less interest from projects means lower price, endless cycle of slow death
Kleros will never get off the ground unless the team gets their shit together and does something about the price.