JHS on SPANK allocation:
Spankchain has various revenue channels, from SpankPay to Consulting to Staking to future products like SpankMatch. They pay their salaries, taxes, and operating costs and if profits are left over, they are entirely dished out to holders/LPs/stakers of Spank on Optimism ... there aren't many crypto projects that do that! Many a quarter with meager results, but some quarters had juicy rewards in the past. All this plus the integrity of the company and respect they've earned both in the crypto as well as SWer community ... that's all I need to justify my bag of Spank.
Hubbersnaks on whether the project is dead:
Nope! Spankchain makes money with DeFi, maintains Spankpay a payment service for SWers, has PopShots NFTs, and spank token holders can stake them for quarterly dai rewards.
v_endetta on Spank allocation:
so ... as much as I can tell, all reasons as to "why make SPANK bag bigger?" have been named. Either you believe in the mission and see how the team is building behind the scenes and are convinced by past performance ... or you don't. Either your bag size matches what you see in this team&company&products vs risk tolerance or you need to adjust. Past Performance&Vision are lining up for me so I may increase my bag by 50% in 2022. Depending on the liquidity available on Optimism. SPANK token itself doesn't need much trading volume as its value is independent of the volume turned by SpankPay/SpankMatch/PopShots/... - there's no need to acquire any to make use of the products.
Nh2 on Onlyfans clone:
if at Spank's inception we had simply copied onlyfans, we would probably have a competitive product and maybe would be eating their lunch. Instead we pursued a more ambitious technical challenge (scalable micropayments on ETH), which ultimately turned out not to be valuable for the adult community, despite successfully showcasing the tech for our predominantly ETH-holding supporters. We pivoted to focusing on SpankPay (crypto payments for adult business and models), and through the two year bear market iterated on it until our recent $100K giveaway, onboarding 1000+ adult models. Now that SpankPay is in place, we have a platform to launch additional services for the adult industry. I don't think an onlyfans clone is actually ideal right now - it was the perfect idea 5 years ago, but I expect the personal subscription space to get crowded over the next few years...
