In our first Federation council meeting, I volunteered to be our marketing lead. "wen marketing" has been the battle cry of the Koinos community for a long time, so I'm very excited to be coordinating our efforts in an official capacity going forward.
In the coming weeks, we will be outlining a plan to mobilize the community and our collective resources to best benefit the blockchain. This isn't about pumping the token price, it's about increasing accessibility. That means increasing liquidity, pursuing additional exchange listings, selling some tokens, and getting tokens into the hands of new people.
If we do all of this right, token price may go up, but it will be because of greater distribution and a larger, more decentralized community. Not just because of some arbitrary actions the Federation takes to pump up the price.
The problem we're facing right now is that tokens aren't moving. They're not being claimed, sold, or otherwise looking attractive to outsiders. There's low liquidity and even lower volume.
The magic of Koinos isn't buying and selling the token. Every chain can do that. The magic is free access to a properly decentralized network. That magic needs to be in more people's hands.
Koinos is poised to be at the center of the next evolution of web3. We all need to work together so this network and community can reach its full potential and properly benefit humanity. If we don't act, some VC-backed centralized copycat will steal this moment. I won't stand for that.
P.S. If you want to read a summary of the first Federation Council meeting, including other role assignments and discussion on challenges and governance proposals, you can find it here: link to meeting summary.