Since your token is a utility token, what measures have you put in place or strategies to attract users to your network.
Hi babsshore, thanks for taking the time to ask the question. As we already work in the music industry and are currently running a
music discovery platform we have a good user base of both music lovers and artists.
We are also planning to deploy different types of marketing strategies for onboarding users such as partnering with already existing organisations we can explore synergies with. We also intend to do a lot of social media marketing, influencer marketing and the use of ppc marketing.
Thanks
I read through the question agian and realised I failed to mention some of the tools we have on the platform that would serve as an attraction to the
Potentiam network. Such as the potent vault tool on the network, which exhibits master node reward like qualities for services rendered on the network which entitles holders to free premium content on the network and up to 30% of fees generated by the network. PTM token also possess deflationary characteristics meaning the more the network is used the more the PTM is reduced in circulation due to burning of PTM as fees. This has a positive and direct impact on the value of PTM. The economics on a whole is what we believe to be our strong point, incentivising people to engage on the network etc.