• Feathercrown@lemmy.world
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    1 day ago

    Because they currently lose money for every token sold. They’re operating at a loss to generate a userbase so that they can monetize later. They’re currently in the pre-enshittification (I still don’t like that word) phase where they want to offer a good product at a loss and lure in customers, not phase 2 where they monetize their userbase.

    • MotoAsh@piefed.social
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      1 day ago

      and? How do you not understand that more money is better for them even if they’re not in the black, yet?

      Two things can be true at once.

      • Feathercrown@lemmy.world
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        18 hours ago

        Creating additional tokens LOSES them money. For a single token, the cost of generating it exceeds the profits.

        I genuinely don’t understand what would drive someone to be this condescending when you don’t even understand the argument I have clearly laid out four times now.