Sorry to say that user, but literally no one cares about the muh SoCiiaL DeCentraLiZed MeDiiA. Google, Facebook and all those fuckers have so much power that all competitors are just vanishing, especially a small company that just wants to get rich with some stupid token that can be replaced with ANY token on the market.
So do yourself a favor and invest in projects that have a unique idea, like Unipower, or if you don't like the idea, search for alternatives.
If the dev had just done nothing it would have gone great - the uniswap liquidity cool, trading volume and exposure from that was great, funneling the fees back into buys was great. he just had to say "i'll get the contract up as soon as i can and build my dapps later", but then the "community dapps" happened
first dapp was almost ninja launched, so informed people got in at the fat top of the hourglass. all noobs fomo'd in at the middle part of the hourglass not even understanding how it works, now they are stuck. staking made trading volume dry up of course, and funneling the fees from the now dead trading to the hourglass holders just doesn't make a lot of sense. the incentives just don't line up. exposure from being high volume on uniswap is therefore also gone. it was also not a blobby dapp, he could have just said no to the community devs or announced and explained it more than few hours beforehand
second dapp was launched well, risks were fairly stated beforehand, but was probably still insiders, mods, influencers who know how to use metamask with 200 gas getting quickly, with the noob-friendly community getting shafted. people's doubler gains and the 5% dev fee were of course insta-dumped on the already crabbing market
telegram growth has been like 2% per day over the last days, whales that are up 2-3x or more are still plenty on the block explorer, probably itching to get out as even big coins like kyber are going up by 25% a day now. this was a uniswap launch a few days ago after all, where people made massive 30x-80x gains. probably spread out on multiple wallets. no matter how small the market cap is, that won't be eaten up by a few fishies trickling in
a trading contest when half the people are locked in an hour glass? trading contest should have happened instead of dapp #1 and #2
I still think you can do well in the long term but this has more bleeding to do first
Aaron Rodriguez
also don't forget the ever-present small danger that the liquidity pool could be pulled any second with any uniswap project, good luck
Gabriel Peterson
some of your stuff makes sense, but how does a staking dapp dry up trading volume
you think people just sell their stack & rebuy all day for fun? no-one does that
Evan Brown
Not OP but people do try and swing trade all the time. Most get burned but that's where a lot of volume comes from.
Joshua Gonzalez
those people are probably not the ones locking their power up in a staking dapp then (:
not related
Jose Martin
well i don't have studies to show you but i guess dirty swingies make up a lot of volume. time of sharp decline of volume on uniswap.info and staking also sorta checks out. but yeah it's just my interpretation
John Moore
we'll see
Liam Baker
Checked
Mason Collins
I’ve sold all my POWER and bought SHUF ?
Liam Jenkins
sounds like a bad decision user, you know SHUF is a failed token from 2019?
Angel Richardson
30 percent staked.and still dumping. Straight up pajeet coin