Why are so many projects still making tokens with such large supply? - page 2.

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Quote from: Henrobakkara on December 17, 2020, 03:00:27 PM

This has often been my question so far
We all know that if a project has a small supply, the price will be very expensive in the exchange, but why are so many new projects still making trillions of supply? do those who have a large supply don't want expensive token prices in the market?
Are they too greedy so that make a large supply?

Yeah, the tokenomics should be clear and according to the needs and should give a serious and professional look to the project as creating trillions in supply can make a project look like joke so personally i do not like new projects with kind of unlimited supply.

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Quote from: kindbtc on December 17, 2020, 03:05:04 PM

Quote from: Henrobakkara on December 17, 2020, 03:00:27 PM

This has often been my question so far
We all know that if a project has a small supply, the price will be very expensive in the exchange, but why are so many new projects still making trillions of supply? do those who have a large supply don't want expensive token prices in the market?
Are they too greedy so that make a large supply?

Yes the total and circulating supply should be reasonable and realistic because creating billions of valueless tokens does not make sense, usually this is done due to fear of dump because the token value is already so cheap that any dumps will not let it look small while the gains could look big percentage wise.

you have a point on that. also, in case if the team has the intention of running away later on, if they will allot themselves even small percentage of their total supply, they can still get a good amount of money if they dump their holdings. as such, they will have the reason to say that they only have small allocation so there's no worry that they will disappear. but the truth is, they don't care how much they will create for their total supply as long as they can cash out some of their coins and be gone.

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Quote from: Henrobakkara on December 17, 2020, 03:00:27 PM

This has often been my question so far
We all know that if a project has a small supply, the price will be very expensive in the exchange, but why are so many new projects still making trillions of supply? do those who have a large supply don't want expensive token prices in the market?
Are they too greedy so that make a large supply?

More the supply then less the price per unit will be so making the total supply into trillions is the project's devs choice and it doesn't literally means they were about to make more money because if the project is shit then they are not going to make anything no matter what is their total supply value is.

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Quote from: Henrobakkara on December 17, 2020, 03:00:27 PM

This has often been my question so far
We all know that if a project has a small supply, the price will be very expensive in the exchange, but why are so many new projects still making trillions of supply? do those who have a large supply don't want expensive token prices in the market?
Are they too greedy so that make a large supply?

Yes the total and circulating supply should be reasonable and realistic because creating billions of valueless tokens does not make sense, usually this is done due to fear of dump because the token value is already so cheap that any dumps will not let it look small while the gains could look big percentage wise.

Henrobakkara

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This has often been my question so far
We all know that if a project has a small supply, the price will be very expensive in the exchange, but why are so many new projects still making trillions of supply? do those who have a large supply don't want expensive token prices in the market?
Are they too greedy so that make a large supply?

Topic: Why are so many projects still making tokens with such large supply? - page 2. (Read 218 times)