CreatorBid Transition Arc Part II: 3 Reasons Why

Our V2 launchpad introduced the concept of curated launches. While testing this model proved worthwhile, it also presented significant challenges. After observing the system in practice, we have decided to move away from it for three main reasons:

1. **Limited Distribution and lacking velocity:** We aimed to provide BID with more utility by token-gating the ecosystem, but we inadvertently limited our own growth. Curated launches required heavy coordination, which slowed operations down. Additionally, while fixed-price sales and vesting in the Decaying Exit Tax model aided in quality control and chart protection, they also reduced speed, volume, value discovery, and capital rotation.

2. **Poor agent liquidity mechanisms:** Although the 3% sell tax offers a scalable business model for agent developers and CreatorBid, it does not successfully attract third-party liquidity. This results in thin liquidity, which limits trading activity.

3. **Short-term value of BID:** The utility of BID was sporadic and primarily tied to announcements regarding curated launches. Outside of staking, there were no continuous or strong reasons to hold the token.

Ultimately, BID never reflected the true value of the ecosystem, as it only priced in upcoming launches.

We can promise one thing: We will make BID great again.

Part III is coming tomorrow.