Thread

Article header

Crypto investing does not have to be a win-lose proposition

Refreshing to see a crypto project with a win win philosophy to build a successful long term business by creating value and not just finding a bigger fool.

Too much of crypto relies on the "bigger fool" theory - convincing a bigger fool to pay more for your tokens then you paid. Think of all the tokens that rocket in value then fall to nothing. You certainly do not want to be the biggest fool left holding the bag.

So it is nice when you find a project with a win-win philosophy. X7 Finance is just such a project as illustrated in this on-chain message from one of its anonymous developers:

The counter parties to your left and right are not necessarily your adversaries.

If the only way you earn a return on your X7 holdings is by someone else losing value on their X7 holdings, the project will have been a failure. This community can come together not just in hope of hoisting the project on to the next fools, but by searching for more users, more projects to launch, more markets to bring our mercenary capital to, more features to attract users, and more revenue sources to keep the coffers fat and ready.

The X7 protocol, with multiple sources of revenue for holders, from DAO staking to X7D staking, to buy backs, burns, and liquidity additions bought and paid for by actual revenue and not just ponzinomics, is an experiment in building a decentralized financial product along with a decentralized group of stakeholders, large and small, that can become a decentralized group owning governance.

DeFi is inherently a PvP landscape and the goal of an ecosystem design is to align incentives to get people to cooperate long enough so the whole can be greater than the sum of the parts.

How refreshingly honest.

The developer is saying this is not a get rich quick scam, but rather come join the community and help bring in more users, get more projects to launch on Xchange, add more features and revenue sources - that is what will increase the value of your investment.

Sounds like the formula to build a successful, long lasting business.

More Information: X7 Finance Website Community Website Telegram X (formerly Twitter) Other Articles

Replies (0)

No replies yet. Be the first to leave a comment!