🔍 Short Answer: The value of a project should be determined by users based on the law of demand and supply & free market.
💬 Long Answer: Dynamic pricing with PinkSale style is the chosen approach for zkSwap Finance’s Token Generation Event (TGE) on 12:00 25th Aug, aligning with the core principle that a project’s value should be shaped by the free market. Unlike evaluations by the team, which can lead to undervaluation or overvaluation, dynamic pricing empowers the market to set the project’s fair value.
🚀 The true value of zkSwap Finance’s native token ($ZF) will be revealed only at the TGE’s conclusion. This suspenseful element adds intrigue, engaging participants aligned with the project’s vision. By embracing dynamic pricing with PinkSale style, zkSwap Finance empowers the community to actively contribute to the project’s valuation, fostering ownership and collective decision-making. This also aligns with our intention to transfer governance to a DAO via Snapshot later, ensuring project decentralization when the time is right.
💡 Dynamic pricing using PinkSale style for zkSwap Finance’s TGE is driven by the belief that market dynamics should determine a project’s worth. This innovative model, characterized by a soft cap structure, proportional allocation, and the revelation of the final token price at the TGE’s end, embodies transparency, fairness, and decentralized finance principles. 🌐