This current economic model will cause a continuous drop in 00 coin price if it continues!
The reason: there is no threshold for users to get creator tokens for free by participating in the task, and a large number of robot accounts to get creator tokens, they will receive them and then exchange them for 00 tokens in DEX and then transfer them to kucoin, gate, coinbase to sell, so that the more creator tokens issued, the more they sell, the more 00 The more tokens issued, the more they sell, the more 00 is worthless and bad for the healthy development of 00.
Improvement: New users can participate in any creator token drop for free, but if they don’t hold 00 tokens they will get 1-2 tokens or less, and if they hold 00 tokens they will get more tokens (150-300), so that users will buy a lot of 00 tokens in order to get more creator tokens, which forms a healthy and positive economic model, and also makes a large number of bots disappear!
In order to avoid cheating and prevent them from transferring tokens between wallets to participate in the creator token drop, you can pledge 00 tokens on the p00ls website when you want to participate in the creator token drop, refer to the following (https://polkastarter.com/), there is no APY gain from pledging, but you can get more creator tokens to qualify!
This produces two positive ones: first: actively buying 00 tokens in order to get more creator tokens, while pulling up the price of 00 tokens and eliminating market suspicion
Second: basically, it effectively combats bots, and also allows new users to participate for free. New users want to get more creator tokens, and also to buy 00 tokens.
Have a great day! Thank you!