Hello everyone, and here we come to tokenomics.
I am impressed with @Sahib position and his questions, but I don’t think we can get an adequate answer from the team to them.
Here on the forum. I’ve already tried to get a response from @cwgoes about tokenomics.
And anyone can read there and see that I never got an intelligible answer.
But the longer I thought about it, the more things fell into place and now I will try to explain the team’s position, which they have but unfortunately will never voice to us.
They won’t change Namada’s tokenomics under any circumstances.
There will be no vestings here, so we also won’t see listings, on any liquid CEXs. (no Binance here, haha, not even Bybit)
Probably there will be no listings anywhere at all, except osmosis, so I think you guess what the price will be.
It’s actually funny, and sad, that their top bidder for the top #1 @Daniel spot probably won’t even end up getting $250,000 for all their allocation of 5,000,000 tokens to NAM and all the work they’ve done over the years… And this is amazingly callous behavior from the team.
They pretend to be visionaries, except these visionaries are sitting around getting paid and it’s very good money and I think they will be getting even more soon.
Yeah yeah, we can all read the news:
And they don’t care that members of the Shielded Expedition participated for several months in their testnet, without adequate support from the team in a testnet that crashed all the time, where many programmers and validators stayed awake for weeks to keep the network in any stable state for several months.
They don’t care about the participants in their community builders programs, who also helped promote Namada online and at offline events, where there was also a lot of material input and manpower.
I’m not even sure if they pay their mods a salary (they’ll be surprised when after a few years of steady work they get a whole lot of nothing for their labor :)).
It’s a cynical act from the team that they are now committing before our eyes. They are not interested in serious promotion of Namada, we have seen it all for a long time and we will see it after the launch of the mainet.
So what is the purpose of doing things this way?
I think I’ve realized. Anoma Foundation doesn’t need an expensive and successful Namada.
They will launch the token this year, and the capitalization will be around a few million, but probably even less, and they will buy out ALL Namada tokens within a few years.
And after they are mature enough to launch the Anoma token, where everything will already be launched according to the cryptoworld’s precepts, as @Sahib already mentioned. So, the Anoma team will distribute % of Anoma tokens to Namada holders, i.e. themselves
And that will be 100%. Years will pass, all these things that are happening now will be forgotten, but the end result will be this. And when Anoma releases its token in 2025 or 2026/2027, they will have winners and those who will be rewarded.
That and themselves. And the Luminara/Knowable team and a couple other third party partners. Somehow it seems like they’re aware of all this, but of course won’t show it and will assure that they’re not. I think that’s why @Gavin is trying so hard to smooth things over and why he’s trying to kind of mend the connection between the team and the community.
So what do we end up with?
That Anoma’s team has come up with a simply GRANDIOSED plan in their heads, as they believe. But refuses to reward the Namada project participants properly, so they make such a terrible launch. But when Anoma comes out in a few years, they will be on top and will try to prove to us that we could be the same if we were long-term holders. But they get unimaginable salaries right now, which they pay themselves, and right now they spit in the face of their community and give nothing. Just a hole from a donut…