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About the PGM Token: How can we make it better

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@cantfoldaces
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If you don't know about PGM aka Play Gamer Token, maybe you did came across the #pgm tag that I and many members in the gaming community has been using.

I've been with the PGM token since its early days and it's my pleasure, as a member of PGM community, to take part of this contest.

@zottone444 is highly rewarding the supporters of PGM and taking an extra step on this contest by offering Chaos Legion Packs to the top 3 winners.

The prizes up for grabs are: 2 Chaos Packs from @splinterlands 1 NFT of the game @farmingtales on the blokchain of WAX

Token Delegation

By using the PGM tag, you are eligible to get boosted with the !PGMBOOST command for up to 5 PGM, that's how the PGM author reward is manually done by zottone and other admins like @hollowknightgod.

So Maybe creating a new account or the @zottonetoken account open for delegation: Since the focus in on gaming, delegation will be open for:

  • Hive Power
  • ONEUP
  • SPT
  • maybe LEO if there is a demand for it.
  • Hopefully PGM in the future.

The delegation payout can be paid in PGM token that can be bought from the market throught the curation rewards or paying regular rewards like it's done with many delegation service. Probably offering a decent APR to attract delegators to get into it.

Passive Income

This is a tricky part, many investors loves to get into a project that provides passive incomes.

We can take 1UP-CARTEL as an example being a mix of gaming "guild" Token and Dividend Token that is successfully selling during its current presale. Well, the founder including Flauwy are well know to the community and are trusted by the investors so that plays a part too.

Investing in a couple of games like Dcity/APE Mining Club, or Splinterlands but it requires a thousands of dollars in budget to generate decent incomes.

Liquidity Pools

Adding a Pair that includes PGM requires a huge sum of BEE token:

1000 BEE is what it takes to create a PGM/SWAP.HIVE pool.

By creating such pool you'll attract many investors especially if you're offering a decent APR at around 100%-200% as well as the current PGM community members.

It's true that there is a risk of impermanent loss, but it'll benefit maintaining PGM price more stable if enough liquidity is provided.

Another way around is to include PGM as a reward in the current existing Pools like it's done with LVL and WINE since it'll serve as a way marketing to PGM: Investors in the diesel pools will notice how PGM token did pop up out of nowhere and it gets them curious to know more about the Token/project (that's what happened with me regarding WINE).

I do hope that I could help a little with those ideas, probably easier to suggest but pretty tough to execute and I wish all the best and success to PGM token!

Before ending, here is a quote from flauwy in #cartel ANN:

we will hold some PIZZA and PGM, which are both some pretty cool gamified rewarding tokens with their own communities on HIVE.

Maybe we can see a future collaboration between CARTEL et PGM some day!