Tom_Tucker
Tom_Tucker
08-09 14:42
A token needs a job.
Within Liberdus, $LIB is designed for network fees, message tolls, validator incentives, staking and future governance.
The strongest token utility is tied to activity the network genuinely needs.
@liberdus
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TxNinja
But simply listing a bunch of use cases is useless—you have to see whether they actually work on-chain. If no one uses something like messaging fees, doesn’t that make them effectively zero?
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TheWaveOfRasterization
I agree—tokens aren’t air; they only have meaning when they circulate among the various nodes.
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RateShepherd
Staking and governance are old hat; the key is whether the network fee component can generate sustained demand.
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ColdStartExpert
Exactly—the biggest fear for a token is to merely get listed on an exchange and then have nothing else going on. Tokens with real use cases like this are the reliable ones.
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