RE: Major Update to CUB IDO System | IDO #2, #3, #4

1 yr
1 Min Read
117 words

This sounds like a much better short AND long-term proposition for the value of the CUB token. How big or active are the communities for these new IDOs? Can we expect a fairly substantial group of them to onboard into CUB so they can participate in these IDO launches? Or is it all still mostly going to come from our side?

I mean, it's all well and good to burn all that CUB, but at this point, it seems like most of it is OUR Cub. It would be nice to see that outside money is coming in, buying up some of the CUB, and then having it burned alongside what we contribute.

Posted Using LeoFinance Beta

1 yr (edited)

I completely agree, which is why I believe that now is the time for marketing at a monstrous level.
I've made a post about it on my profile,

My thought is that the biggest growth margin in CUB's economy on the IDO side is summed up as follows.

  • Marketing that attracts external users

  • External users buy CUB

  • If external customers see fit, they invest in IDOs

  • CUB experiences a significant deflation due to IDOs and a very high increase in demand due to new users interfacing with us.

  • CUB Moon

But we need very strong marketing to achieve these results.


I agree, we've managed to build a lot of amazing features for CubFinance and it's time to start spreading the word about a legit mid-cap DeFi platform that has a track record and is continually adding new features.

The time is now to create great educational content, do organic and paid marketing and generate some attention and TVL back to Cub for IDOs, Kingdoms, etc.

The best source of marketing we have is organic marketing done by the LeoFinance community:

  • Creating content about CubFinance
  • Sharing content about CUB on all social media platforms
  • Word of mouth
  • ..

Posted Using LeoFinance Beta


Khal I really do have a lot of respect for you and I want to write this not as an ass-kiss but because it is something I really feel. The project is extraordinary and despite the price has dropped dramatically since I made the first investment in CUB six months ago, I feel safe and I'm sure it will go to the moon, but I also believe that it should be helped in a more pronounced way than what we have done so far (I speak only of marketing, of course).

I understand what you're saying and I agree with it completely, but unfortunately our limitation is that with this current marketing strategy we remain in the family, I in my small way have written and will write content about CUB, I share on social media and I talk about it by doing onboardig talks with my friends, and I'm sure that this is done to the highest possible level by the other guys as well and certainly in an even better way, because we are in love with CUB and when I talk about it I still talk about it in an extremely enthusiastic way.

But now I think it's time to not only invest in ourselves and our family, but to reach out to the outside world that doesn't have a clue that we exist, from my point of view the best marketing tool is YouTube and sponsor paying creators dealing with cryptocurrency, maybe for other guys there are other strategies that are just as good or better even, but I think now is the time to do this.

I would never dare to say how to run the project, let's be clear, my ideas are just expressed as they come to my mind, but I think it's time to expand our family also by paying people outside of us to talk about us and to make us discovered.

If there was a marketing fundraiser of this kind I would be willing to donate whatever I could.

If a commission was put on the proceeds of CUB for this reason I would gladly pay it.

If a portion of the CUB earmarked for burning was taken even paltry in IDOs to cover the marketing campaign I would agree.

(Completely random ideas that came to mind this minute and maybe incredibly stupid)

But I think it really is time to turn to the world and push to be discovered even by paying professionals in marketing.

Posted Using LeoFinance Beta


"How big or active are the communities for these new IDOs?"

It ranges, some have no community, others small and 1 is relatively large and active already.

We need to keep in mind though: as much as small-mid cap projects are coming to us for funding, they're mostly coming for the community we've got. Their goal is to get initial growth to take their platform off the ground. IDOs are for tokens that haven't even launched yet, so there's a dynamic there that attracts new projects that may not have any following yet.

"I mean, it's all well and good to burn all that CUB, but at this point, it seems like most of it is OUR Cub"

In a zero sum environment, I'd also say the same. The thing is, IDOs are just an opportunity to buy into a new coin before it's publicly listed on exchanges/DEXs.

Many seem to be thinking that people are just dumping CUB into an IDO vault and it disappears and they get nothing in return. This, however, is not the case.

With IDOs, there is a potential to generate a return or take a loss. It's a DYOR event where users can choose whether or not they want to "place a bet" on one of these IDO currencies in an attempt to generate upside.

Obviously it would be fantastic to have new buyers for CUB IDOs. They'd have to first buy CUB (driving up the price), then spend that CUB on the IDO (burning it from the supply).

Our goal will be to drum up more attention over time about these IDOs. As we have more of them and build a track record of (hopefully) big success stories from IDO -> Launch -> Token Appreciation -> CUB IDO Participant Gains, we'll be able to utilize this track record as a proof of value to take around the DeFi space and do marketing.

This marketing would be aimed at attracting new IDOs and also aimed at teaching people that there's an opportunity on CubFinance each time there's an IDO and maybe they should buy a little CUB and participate.

Posted Using LeoFinance Beta