the price seems to go down again.
Look at the devellopment of BrikBit. How will this benefit the Lisk community and the price of Lisk? If this is how the sidechains will look like the price will only go down. It's a very very bad thing for the LSK holders.
Quote "BrikBit plans to be a “1st level” Lisk sidechain, while every project developed on the BrikBit platform will be configured as “2nd level” sidechain, functional to the BrikBit blockchain and with its own autonomy. Each different sidechain will be able to have its own independent token"
https://www.reddit.com/r/Lisk/comments/7yubiu/lisk_daily_discussion_february_20_2018/Any idea?
I don't think it works that way.
A "2nd level" sidechain as they call it will still be a standard sidechain on Lisk. Maybe they mean it in a way that it is governed by BrikBit.
(Correct me if I am wrong)
To compare it to Ethereum: How do ERC tokens benefit the Ethereum community and price?
It's not necessary for the price to be at 1000USD/ETH for the system to work, but here we are.
Same can happen to Lisk.
EDIT: Found this explanation on reddit:
There are no lsk-independent tokens, as this would require the project to have its own mainnet. Being a part of the ecosystem will require LSK tokens to start with, whatever number of sub and sub-sub sidechains, you start with LSK and branch out of there. This will drive the LSK demand. Unless the project has its own mainnet, all belongs to the lsk ecosystem and is connected to LSK mainchain, and the utility of LSK token and LSK network is in no danger here.