Analysis: Believe platform is accumulating token supply for its ecosystem token through a fee mechanism, which may be used for team marketing
According to BlockBeats, on May 16th, according to analysis by crypto KOL niftywap.eth, the Believe platform is accumulating token supply for its ecosystem token through a fee mechanism. Taking the meme token Theranos as an example, in the past 24 hours, the Believe platform has accumulated 2.3% of the token supply (currently locked in) and has climbed to the third position among holders, second only to Theranoscexwallet.sol. Niftywap.eth further stated that if these fees for tokens can be distributed to the team, the funding problem on the platform will be alleviated. The team needs several percentage points of funding to survive and list on CEX. Whale users are unwilling to donate, and they should not do so either. As long as the team uses these expenses for marketing and listing projects, this is the new gold standard.