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by insertchatbot 850 days ago
I think an inherent problem is that donors need to be continuously buying the tokens that developers are selling or the project goes to zero. So the the protocol should be built for the donors.

They could say "People can contribute to a project by just staking tokens against a project" but staking tokens isn't a stream of new money. New money needs to be coming from somewhere.

Tokens can be created out of thin air, but money can't be.

It doesn't look good to me through a "game theory lens".