Trenches are "Hot" but the appetite for bidding above 200-300k is still low
It's the diddy range where you either get a Fomo buy or it slow bleeds because
There are no marginal buyers on that level amongst terminal traders
How do we fix this? How do we raise ceilings?
.@fomoscansh just leaked fomoโs KOL deals
and honestly, itโs genius... (at least for KOLs and fomo):
top KOLs like Frank earn up to 50% of all fees generated by their referrals
E.g., a user makes a $5,000 trade and pays $25 in fees. Frank gets $12.5
On every single trade
Just 200 referrals currently make him $20K/month
Now imagine referring 1,000 users...
@bloxrobinhood kids already spending robux on dumb shit anyway
idk about buybacks, but if you can monetize from experiences and distribute this revenue between holders, that would be really cool