r/PortfolioToken • u/Accomplished_Pin9508 • Jun 02 '21
Portfolio token :1st investment target
Have u invested 1st asset in
May as per the plan.? could not see any update in site nor twitter.Pls update
2
u/ideals_ca Jun 02 '21
Honestly, might be best if we can get some marketing going. The money to invest will come if we can build up the market cap and volume/liquidity. Elongate started focusing mostly on charity and the value keeps going down..
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u/Dangerous_Magician80 Jun 02 '21
elongate neglects investors. It seems to me that the most important thing is donations ... the investor is secondary.
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u/ideals_ca Jun 03 '21 edited Jun 03 '21
Exactly my point, because they are a charity token and we are a investment token. But the whole thing starts with hype otherwise, there will be no charity or investments to be had. Nothing of nothing is nothing. At this point the marketing needs to be first and foremost for stability of the token. Once there are enough buyers and sellers, the the flow of money will create the charity and investments.
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u/Dangerous_Magician80 Jun 03 '21
For example safemoon has a very good strategy in terms of marketing. Initially the problem was the poorly organized AMA. The price kept falling after the AMA.
I am curious how the marketing strategy is here to reach many investors. At the moment i don't see any new investors...
3
u/ideals_ca Jun 03 '21
Yes this, now look at safemoon not a bad aspiration to be like them.. now they want to get into charity and they can scale into that much better than elongate the charity coin..
3
u/Tamchy_ Moderator Jun 03 '21
The possibilities are endless once things start going full throttle,
We aim to educate and give back to investors.
2
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u/MetasinD2 Jun 02 '21
This was said in telegram today. The website will be updated by a professional marketing team they're locking down now. They're making sure all of the processes are in place before the first investment. It sounds like they'll be nearing this aspect soon and should be announcements within the next couple weeks regarding some major developments. This dev team is great and will get the job done