The feature is good but the volume of token isn't. I've seen the same websites that has that type of tasks and they allow their users to earn $. Well, that was before and it's really clicking those people that are looking to collect earn a little bit from doing those simple tasks.
But having that earn with their token, I doubt it that will increase the traffic and volume of their token. Although they've been there for so long but if lacks of innovation and upgrades, they'll be left behind. A whole volume for them since the last 24 hours is just $1.6k, too low.
The strong point is their platform, they have been online for so many years and have served millions of social media accounts, its the easy way to increase your media presence and increase your followers, this alone is their strong point, the token since it's new will not take the market by storm, old members can see an increase in memberships and activity by 1000% since the launch their token, we never know its profitability in the future but so far the platform is proven to deliver results.
That maybe the strong point but I think the weak point of having not much attention from the investor outweighs that strong point. I wonder why they are getting less attention when the project theme itself is an advertisement. I think there is a problem with the implementation of its marketing strategy. I think the project needs to think about the token distribution that may encourage whale investors to invest on the project.
The easier a token can get by the masses, the easier it is to be dumped by the masses as well.
I don't know but I'm thinking that this is the same as bounty campaign where you will share some posts and you will be paid thru tokens.
True this maybe one of the reason why the project isn't that attractive to more investors. But if the project has thought of a way where income can sustain the current distribution system and make the price increase slowly, then investors might take notice of this project.
As an investor, it isn't appealing for me to buy this token because why would I buy it if I can get it for free right? I mean what's the sense in buying it if those who can get it for free can just sell it whenever they want to, causing the price to go down. I'm pretty sure this is either not worth your time or there is some limit into it like a limited number of tokens that you can get for a day. Overall, not worth my time.
Indeed, they need to come up with a plan where despite of the current token distribution system, the market can sustain dumps and be able to increase in price.