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RE: Trying To Understand The Tokenomics Of The New 3Speak Network

in LeoFinance3 years ago

LOL
Here is a another try:

  • LARYNX, a digital mining rig mining SPEAK... what gives it value? What gives the physical mining rigs value ... the ability to mine BTC. Meaning LARYNX value will be dependent on the SPEAK token value
  • SPEAK - a governance token that also can provide the other two tokens as well.... what gives a governance token value? The ability to distributed funds (if there is any) from the pool + few other things
  • BROCA - a gas token.... what gives it value? It is need if anyone want to upload (post videos) stuff on the network. The more people want to make uploads the higher the value .... basically the same as ETH GAS