Liberland “Tokenomics” Review and Rating
Next in the list is Liberland “Tokenomics” (Sustainability- Value -Engagement- Transactions).
As I’ve mentioned in previous review they issued their own token — Liberland Merit (LLM) — in April 2019. The message published on bitcointalk says: “A total of 700.000.000 (seven hundred million) Merit will be created over the course of 10 years. … To celebrate this milestone in the history of Liberland, a limited amount of 50.000 LLM is being offered at reduced price of 0,95 BTC per 5000 LLM … “
It made it $1 for one LLM at the time of issuance. Most recent price of LLM is $ 0.011365. That doesn’t look good at all. Additionally, LLM could be found on only one exchange and the volumes are miserable. Not to mention that there’s no information what so ever about wallets to hold LLM. Besides, the usability of LLM under current Liberland Constitution is like zero. Hence, “Value”, “Transactions” and “Engagement” are all “c”.
As to “Sustainability” it’s actually may be ranked at “b-” level, given that Liberland has an independent from its coins sources of constant revenues part of which might be used to maintain LLM prices in the future (if, of course, libertarian “authorities” decided some day to do so).
Result for “Tokenomics” (Sustainability- Value -Engagement- Transactions): b-/c/c/c
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