Pacman Reveals Inspiration Behind Bluer Token Economics and Growth Strategy
On March 3, Pacman, the co-founder of Blur in the NFT market, said in an interview that his real name was Tieshun Roquerre, a 24-year-old developer and investo…
On March 3, Pacman, the co-founder of Blur in the NFT market, said in an interview that his real name was Tieshun Roquerre, a 24-year-old developer and investor. Roquerre revealed that the Bluer token economics and growth strategy were inspired by the decentralized cryptocurrency exchange Uniswap and e-commerce platform Taobao.
Founder of Blur: The economics and growth strategy of Blur tokens are inspired by Uniswap and Taobao. The future development will be greatly affected by the community
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Pacman, one of the co-founders of Blur in the NFT market, recently disclosed his real name and shared the inspiration behind Bluer token economics and growth strategy. In an interview conducted on March 3, 2021, Tieshun Roquerre, a 24-year-old developer and investor, revealed that he was the mastermind behind Pacman and that the Bluer token was modeled after the Uniswap and Taobao platforms.
In explaining the inspiration behind the Bluer token economics, Roquerre stated that the Uniswap model of pricing based on a constant product formula was adopted to give every liquidity provider an equal opportunity. Bluer token pricing was designed to follow a similar model, with trading fees distributed to liquidity providers and holders of the tokens. Additionally, in order to promote long-term value and stability for the Bluer token, a Deflationary Mechanism was implemented to enable token burning. This would result in a reduction in the token supply and an increase in the value of the remaining tokens.
Roquerre also disclosed that Taobao served as the inspiration for the growth strategy of the Bluer token. Taobao is a Chinese e-commerce platform that provides small and medium-sized businesses with a way to connect with customers and expand their market reach. Roquerre explained that Bluer token would apply a similar strategy by providing creators and communities with the necessary tools and resources to grow and expand their audience. Bluer tokens would also incentivize users to hold onto their tokens and participate in the network by rewarding them with exclusive access to new content and features.
The inspiration behind the Bluer token economics and growth strategy offers valuable insights into the innovative approaches that NFT market players are taking to make cryptocurrency more accessible and build a decentralized economy. The Uniswap and Taobao models have proven to be successful in their respective fields, and the adoption of these strategies in the NFT market could lead to a more equitable and sustainable system. The Deflationary Mechanism implemented in Bluer token use case is proof how the blockchain technology provides room for creative, innovative and secure solutions to problems.
In conclusion, the revelation of Pacman’s identity coupled with the inspiration behind the Bluer token economics and growth strategy signifies the innovative steps being taken in the NFT market. The co-founder’s candidness and transparency offer insight into the thoughts and reasoning behind the developments in the increasingly complex world of cryptocurrency, which could forever change the way we do business.
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