How will GCME holders make money with GoCryptoMe. io and why is it superior to memecoins.
14 Dec 2022, 21:21
How will GCME holders make money with GoCryptoMe.io and why is it superior to memecoins?
GoCryptoMe is unique to most cryptocurrencies in that it has a revenue share model. When users of our platform launch new cryptocurrencies via our launchpad, donate or invest in crowdfunding campaigns, and swap tokens and coins on our decentralized exchange we charge fees. A portion of these fees we use for buyback and burn of GCME.
In a memecoin there is typically no external revenue from a product or service. Every person who buys tokens will eventually sell those tokens. If you zoom out and look at all investors as a whole it is why nearly every memecoin eventually falls back to launch price. For every buyer there will always be a seller. In game theory this is called a zero sum game. Often times many fall below launch price because the developers paid themselves and wasted a lot of funds marketing for hype and not for growth. In game theory this is called a negative sum game. The only driver of increasing the chart is fresh investors. However, inevitably the investors start to focus their attention on new projects, hype dies, and therefore chart dies. These are by definition ponzi schemes. A constant influx of new investors buying the tokens the old investors sell is required. This is impossible to sustain over the long term and why ponzi schemes are illegal in most countries.
The beauty of GCME is we don't rely on investors for growth of our chart. The chart will grow with or without new investors for the life of our platform as the fees are continuously used for buyback and burn of GCME token. When investors sell we buyback the tokens and burn them so they can never be sold again. In game theory this is called a positive sum game. This is why it is superior over the long term to any meme or hype coin.
Same news in other sources
115 Dec 2022, 10:07
$GCME has now moved into the number 2 spot on Binance trending. Our price is up over 100% in the past week. Many new eyes are on the project as we rollout our v2 platform utilities and revenue share model.
$GCME has now moved into the number 2 spot on Binance trending. Our price is up over 100% in the past week.
$GCME has now moved into the number 2 spot on Binance trending. Our price is up over 100% in the past week. Many new eyes are on the project as we rollout our v2 platform utilities and revenue share model.