Not a fan of these fixed tokenomic release schedule (although most of the tokens are locked for first 12 months). What happen if adoption is slow? Doesn't matter, the release of token are set in stone in the release formula. So, the only way to win is for market adoption to overcome sell pressure.
There are tons of tokens given to everyone for their past work for the past few years. Great, so the question is are those people going to keep their tokens as part of their pension plan, or sell as soon as they get them/vest? I don't trust human behavior, I know the Cosmos community is strong, but still, it's hard to have complete faith. I know some individual behind Cosmos are very rich since they have been in the crypto industry since the very beginning of Bitcoin/Ethereum, so they may actually use some of their wealth to create buying pressure to support their new baby, but I can't guarantee it, so will I gamble and buy in? At what market cap is it going to launch? If it's low enough maybe I'd gamble, but unfortunately, it's not an educated guess, it's truly a gamble wether or not it will sink or thrive.
Community sales is only 5% of the token initial supply...
I suspect Ethan Buchman (one of the smartest person I know in the blockchain space) is supporting this project. I have full confidence in Ethan, but I wish this tokenomic was less reliant on good faith of community members/backers. I also wish the release of token would be based considering market adoption, not just a fixed formula. Show Less
