Hey guys, first of all congratulations with all you have achieved so far with Grape
I joined the dao in order to provide ideas that I thought would be in the interest of the project and its shareholders.
The first question I asked myself when I heard about grape was : “Is it scalable?”
From what I know as of now, the answer would be no… unless you guys have some unrevealed plans that have not been made public yet, which may very well be the case.
So as of now, the Grape token’s primary use-case seems to be: access to the alpha that the community/ researchers are willing to share, with a bonus of smaller benefits such as random nft give-aways and competitions.
From my point of view, this will never scale as it is. Simply because the diminishing returns of holding $Grape is too high. I do not currently believe there are any benefits of holding anything above 20k grape.
Gape’s model will have huge diminishing returns for multiple reasons;
There is no incentive to hold above 20k grape
2) Grape’s price appreciation or unique users will see a slow down as the barrier to entry ( membership price ) becomes higher and higher, out-pricing more and more potential members.
My solution would simply be to add incentives for holding larger amounts of grape, perhaps with no cap. I’m not sure how well advertised the MeanFi airdrop has been in the grape community, but I believe this could be an introduction to a new utility. Grape could become a quasi launch pad platform.
There are multiple ways to do this, such as airdropping ido tokens proportional to your grape holdings, or airdropping nfts which can be redeemed for ido allocations, or airdropping a derivative tokens that can be used to enter the ido selectively (starlaunch method).
Since the Grape team is in contact with so many devs and teams in the Solana ecosystem, I believe they would rather distribute their Ido tokens to grape holders rather than other launch pad holders ex. Solanium/ Raydium. I say this because we could combine Grape’s DNA of alpha seeking with a IDO launchpad. So each launch, we could create a new thread and discuss the project, potentially incentivizing holding rather than immediately selling. No other platform encourages discussions about the projects they launch.
TLDR ; I suggest we add more incentives to holding the Grape token, in order to increase demand for grape, thus attracting new minds to the community and more investment. My suggestion was to create a grape launch pad as a way to achieve this.
I believe this is a win for all parties, the Grape holders will benefit, the Grape team will benefit, and the teams launching their project on Grape will benefit by having an improved place to market their ido.
If we like the concept, I can go more into detail about how we can excecute this. This was just a brief overview of my idea.
The point of this proposal is not to conclude that my idea is the only solution, but rather to start a discussion as to how we can increase utility and value for Grape holders.