Bulb Token Rewards Halving

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30 Jan 2024
216
This week the Bulb token reward pool will be reduced by half.


Bulb.io Why are we suddenly receiving 1m Bulb Tokens instead of the 2m distributed last week ?

Bulb rewards current and future

Every week, our Bulb community enjoys the thrill of earning Bulb tokens through various activities, from posting and reacting to commenting, sharing, and moderating. Last week, a whopping 2 million Bulb tokens were distributed, making it rain rewards. However, in a move to balance things out and maintain sustainability, this week marks the beginning of the Bulb token distribution halving. The distribution will be reduced by half, introducing a new interesting variable to the Bulb tokenomics.



Bulb Roadmap: Exciting Developments in 2024

Looking ahead to the roadmap, the first half of 2024 brings a significant milestone — a public token sale exclusively for verified members. This ensures that our dedicated community gets a chance to participate in the growth of Bulb from the early stages. You can check out the bulb.io roadmap yourself to clarify any doubts you might have. In the latter half of the year, Bulb is set to hit decentralized exchanges, providing members with the opportunity to trade for Solana. As the grand finale, before the year concludes, Bulb aims to secure listings on major exchanges globally, opening up new horizons for our token. So keep up to date with the Bulb.io roadmap to find out what the latest developments are in our blogging DAO.

Update on Road Map from Bulb = January 2024 month in review

February 2024: BULBmoji NFT 3.0
March 2024:

  • Automated Moderator Recruitment 
  • BULB Staking
  • Updates to Tokenomics Structure

April 2024: Official BULB Token Listing



Reduced Token Distribution and how this will affect the price of Bulb

The reduction in token distribution isn't just a change in numbers; it's a strategic move to boost the long-term value of Bulb. Drawing a parallel with Bitcoin's rising mining difficulty leading to increased scarcity and value, the decrease in token supply is designed to mirror this effect. As token availability diminishes, the potential for increased demand could drive up the price over time, creating a more sustainable and valuable ecosystem for every Bulb holder. It's a strategic step towards building a token that stands the test of time.



Personal Perspective on Bulb Token Price Movement

In my personal view, the journey of the Bulb token, especially its transition to decentralized exchanges, might encounter a temporary hiccup. Early adopters, holding a substantial sum of Bulb tokens, could potentially lead to a brief price drop as they choose to offload some of their holdings. This scenario isn't uncommon when new tokens hit decentralized platforms.
However, the real excitement lies in the latter part of 2024. Once Bulb achieves listings on major exchanges like Binance, the dynamics are likely to shift significantly. With the increased exposure and accessibility to a broader audience, the Bulb token's value could witness a notable surge.



Future Bulb Token price predictions

While making predictions in the volatile crypto world is speculative, aiming for a range of $0.15 to $0.20 USD per Bulb token by the end of 2024 seems plausible, considering the potential developments and expanding ecosystem surrounding Bulb. Only time will tell how the bulb community will grow and develop.

Bonus content : A little Bulb Humor

Why did the light bulb go to school?
Because it wanted to be a little brighter!


Enjoy your day and good luck to all the BULBers out there.
@Litecoinpete

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