Leicester On The ShibDoge (ShibaDoge) Token

3 years ago
3

We're absolutely NOT trashing this token. We like their messaging (community) and what it could be.

We just think, just like Shinja and many other similar tokens with this much supply, that it's going to be VERY difficult for them to be long-term successful without a contract migration to get the inventory down. The inventory is just too large for our taste. SHIB has a way smaller inventory and it's having issues getting the inventory down, even with now regular transactional burns.

Also, whitepaper needs to be a flat PDF so we can detect changes easier.

Finally, they need some sort of utility outside of NFTs. Understand the appeal to the audience that likes them, but the vast majority of older investors don't find the NFTs/gaming/anime appealing, and as crypto evolves, it will be important appeal to those folks as well. That's not to say to drop what they're doing, rather to "deprioritize" it and instead focus primarily on the intersection between SHIB/DOGE to get more of those existing investors over to ShibDoge.

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