Think that $ory is a pretty interesting trade here for a few reasons:
ORYNTH’s charges a 10% fee on token launches, and the docs/whitepaper claim 100% of those fees are used to buy back $ORY from the open market
They also mention referral revenue and future marketplace fees as additional sources that can support buybacks
They are migrating out of bags soon
they manually vet products and launching a token is optional
The $brain launch is pretty big, over 200k users registered and estimated revenue of 1-2m
Will keep an eye on this, but looks like a good r/r
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Think that $ory is a pretty interesting trade here for a few reasons:
ORYNTH’s charges a 10% fee on token launches, and the docs/whitepaper claim 100% of those fees are used to buy back $ORY from the open market
They also mention referral revenue and future marketplace fees as additional sources that can support buybacks
They are migrating out of bags soon
they manually vet products and launching a token is optional
The $brain launch is pretty big, over 200k users registered and estimated revenue of 1-2m
Will keep an eye on this, but looks like a good r/r