📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
- #BAGS# Super Bonk in the market Ryuji;
- My brothers in the United Kingdom have started announcing $Useless after several days.
Two points of view:
First, the competition among leading cryptocurrency issuance platforms has entered a dynamic phase. Although the overall temperature regarding Bonk has decreased, it does not lack aesthetically mature projects with a history, and there are certainly performance opportunities during sentiment fluctuations, with the announcement of $Useless expected to start soon.
Secondly, if @BagsApp does not quickly adjust the mechanism, it is likely to find itself in an unsustainable predicament.
The current main issue is: the gameplay is doomed to be a one-time experience.
A round of ambushes has ended, and after emotions have subsided, guaranteed tokens are left to return to zero and unmanaged projects. The decision of high-profile individuals to continue support after receiving transaction fees is entirely based on personal choice, and there is no long-term incentive structure. The lifecycle of projects is continuously shrinking, and when the phenomenon of fear of missing out disappears, everything fades away.
The platform has indeed solved the long-standing "ownership rights" issue in issuing tokens on the blockchain, but it has not built a sustainable incentive system.
I personally feel that if it is possible
- A portion of the fees will be used to validate copyright and baseline income;
- At the same time, a portion of the total amount of tokens will be locked proportionally and released linearly for the founder or beneficiary;
- The deposit lock-up period should not be too long, and any unreceived portions will be destroyed at the end of the period.
In this way, the issuer of the currency can have the motivation to continue advertising and participating in community maintenance, leading to the formation of "advertisement - construction - increase - compound benefit" as a positive driving wheel.
Otherwise, if the platform constantly launches new coins to profit without being able to achieve stable profit expectations, it will gradually lose user trust and market interest.
BONK and BAGS on good tags, send a private message brother, iron head, I love the rush!