【Mi Gaoxue Mint #017】What is the use of our Token?

米高與小狗ThankYou
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IPFS
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At the meeting this morning, my colleagues repeated the questions from different investors, "What is the use of our Token?"

I'm thinking... Token really has many uses? Can't there be only one use - to give back to supporters?

In my opinion, Token is just a feedback to supporters.

Among them, there may be uses, but it is not very important, and my idea is to separate DAO and Utility Token into two coins to reduce many governance and operational problems.

DAO Token only has a voting function. Voting is used to allocate community resources and does not involve any Token value. Therefore, there is a high chance that it will be "close to zero". If someone is optimistic that he can "manipulate community resources", he will naturally buy Token in the market, so that Token will rise.

If someone feels that the voting of community resources "has little value", then they can sell their tokens.

In the process, I don't care if I need to support the market, but just think about a simple thing "What to vote? What is the point of voting? For whom?"

I think the operation of the two coins is also simple, and the price management and distribution can be very clear, and those who have entered the currency circle at the beginning can also understand.

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米高與小狗ThankYou我是米高,我與太太有一個很懂事的小朋友 - 小狗ThankYou。 曾經放下畫筆30年,疫情下重新開始繪畫,運用原子筆描繪及追憶逝去的孩子,願他繼續帶歡笑給我們。這個帳號是為小狗而開,In memory of our beloved son
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