Mate give it up! U have your answer.
From my point of view regarding redenomination it doesnât matter if total supply will be divided by 10 - 1000. The matter is how much total supply decided, we will consider the current Ethereum price to come up what will be the starting plm listing price value. And I think this month of Feb 2021 is the perfect time to list plm token.
I wouldnât be opposed to redenomination as long as it doesnât affect the network.
From a mental perspective, 10 billion to 1billion or 100 million is also good as keeping the PLM token price lower allows new users to get in without thinking this is already too expensive to buy. Absolute price matters more than we think, hence maybe consider supply as 100 million or 1billion!
I think the target price we need to aim for is 0.1$ to start with so as to not scare away newcomers with a high price but also not so low and to be insignificant.
1 Like
Will there be a vote on this or just team to decide?
About how much the total supply after redenomination I think much better to have 200m-300m plm totals supply. Coz I see if we go lower than or equal to 100m like Ethereum today gas fee will be much terrible problem maybe. Maybe in future plm will be like Ethereum price maybe who knows right and gas fee around 0.02 plm many user using plm will cry also just like what happening now with Ethereum. So just now we will consider the future of plm coz for me I see the bright future here no doubt with very active CEO Sota really 100% no doubt we part of plm community will make history. If you have something bright ideas in your mind please share we will listen to each of everyone here. Thanks more power to plasm team.
1 Like
And I think we need to vote the total supply for plm token. CEO Sota will input his total supply range with corresponding listing price and community will vote it. Maybe around 200m - 300m CEO will decide the exact range. Note all numbers I made is just a example. Thanks
Sorry the information that i posted was incorrect. I erroneously posted the info from lockdrop 1 and did not post lockdrop 2. The second lockdrop had over 35% of the participants choosing 1000 day lockup and not 7% like i previously stated.
1 Like
After the discussion on the forum, we decided to remove 3 zeros and make it from 10^15 to 10^18 (âTokenDecimalsâ: 15â18) . Again, this doesnât hurt the community at all and we believe a vote is not necessary since no one has negative impacts.
8 Likes