Lessons Learned
By studying the atrocities and triumphs of the space we get smarter together
NFT Staking is just a way to create a perception of demand by keeping as much off of secondary markets as possible.
Projects betting everything on having a successful metaverse, video game, or any other massive endeavor are multiplying the already extreme risk of their NFTs
Tokenomics are designed to psychologically manipulate so you get to hold 1,000,000 $DUMMY tokens instead of 10 $DUMMY tokens, even though what matters is the value behind it.
Having a DAO or centralized entity that has to use the $DUMMY token they create for their own liquidity to build creates perpetual selling pressure that will move markets and thus be manipulated by some.
NFT community members don't understand the concept behind having a main collection (Bills) but also using other NFTs for their high ROI opportunities for the purpose of funneling value back to the main collection. Not possible on other blockchains; it's a unique advantage that Cardano has, yet the community doesn't see it that way.
How the market cap is calculated is pretty manipulative. You multiply the number of tokens in circulation by the last traded price of that token. It's not the actual value of a business or even remotely close to it.
In the token allocations you usually see in crypto/NFTs, they have breakdowns for Founders, Team, Development, Expenses, Advisors, Investors, and Partners. You see a big chunk of the pie going to the Community but it's all deception. If you take all the smaller pieces and add them up then it's clear the community never gets allocated fairly.
The emission of any token that doesn't have a published and provable schedule or algorithm is asking for market manipulation as a group of individuals know (creators) and others don't (everyone else).
ISPOs sap you of all the $ADA rewards and shift all the risk to the stakers in return for their token allocation
We distribute 50% of ADA back to Mfers like a typical stake pool, so stakers aren't entirely vested in earning $MFER. The Stake Pool is the only way that $MFER is distributed which eliminates the dynamic of investors getting a token for free while others have to give up their $ADA staking rewards.
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