Community members can buy “discounted” FX from the base protocol via two ways:
LP Token (of uniswap or marginx) - they will get discount, a daily quota will be set
Direct buy (eth/usdc) - no discount, a daily quota will be set
in return, community will get a veFX (which will be locked for x months after the redenomination of NEWFX) and entitled to get constant reward (rebase in every 8 hours) from different source of reward
With all due respect, this will not result in influx of new members.
Please reconsider some more engaged approach to lure in new members and really make a buzz in this crowded space.
Pi network daily login/tapping rewards and earnings additional rewards by referrals (your daily reward rate goes up based on # of active referred users). PROVEN MODEL!
It will increase community size, engagement and # of transactions on network will sky rocket. Release the rewards in batches to prevent price crash. Better yet, daily rewards are BTC equivalent of FX. PLEASE!
Pundix had done something similar on Xwallet. Just need to add Pi’s referral rewards and it will go viral!!
I have to agree with @cop4200 …
PI network is definitely a shitty blockchain and a shitcoin.
However, since it was free and only requiring people to login, sponsor people (in a Ponzi scheme), and “request” their coins : it worked !
Everyone around us, in France, was using it on their smartphone, even people who were not crypto people.
I think the exact same could be done for PUNDIX and FX networks given that you challenge users to “annotate” a picture, and award FX for each annotated picture.
@FrenchXCore you hit the nail on the head. Even the people who didn’t know anything about crypto were logging in daily and convincing their friends to join in. It worked!
Imagine a real world utility project like Pundi deploying the same marketing and increasing their community size to millions.
I believe, distributing 50 million FX tokens and few billion Purse (with periodic release schedule), to increase active community size to a million is a no brainer.
Well, Pi was even promoting a daily engagement. Just a “click and collect”, and “increase your rewards by sponsoring people into your circle”. But the main point was : Pi distribution was totally free.
What about like hamster combat
But for short time frame
Like 1 week
They can widraw their reward
But a little reward like half dollar or 1 dollar
In i think it can work
Because 90% phone user especially who join crypto airdrop is from 15-20 years old
They just try make a money from internet
But with this hype pundi ai can make big community
Most viral on tiktok/youtube/Instagram is from this rage age (Gen Z)
Why not make this opportunity with little fund but have big impack with can make bug buzz
Why i suggested little reward half dollar or 1 dollar for each week
Because hamster combat dissaponted community
many have lost faith
with a period of 1 week can get reward
they become diligent and enthusiastic because it has been proven in 1 week
especially with referrals they will
they will diligently invite their acquaintances and friends to join
Shakepay has a similar program. They have the referral system and you have to shake your phone with their app open everyday to earn BTC. The longer the shake streak, higher the rewards you earn. And it resets if you skip a day. People are cleverly found of it as well