🪙Token Market

OVERVIEW

The Dead Kings Token Marketplace will allow users to list their tokens for sale [or trade]. The current whitelist token meta has completely overtaken Solana mints, so creating a trusted marketplace to facilitate exchanges for these coins is already tapping into this huge value proposition. In addition, the DKS team also recognizes an increasing amount of tokens produced via individual project staking mechanisms need an easily identified marketplace to transact with or trade those tokens. Based on these and other observations, the DKS team will pursue capturing market share by building out a Dead Kings token marketplace to facilitate token sales [and trading], for those individuals willing to trade SOL or other currencies to meet their needs.

BUT, WAIT… WHAT ABOUT A DKS TOKEN?

The DKS team recognizes the idea of launching a Dead King Society token would fit well within the current NFT meta. However, in the context of everything we are discussing in this document, creating a DKS token does not make sense right now. Until our project has developed a strong foundation, it seems premature to launch a token without any basis as to how our collection will perform. The Dead King Society collection is quite unique in the sense that it will be rolled out over the course of several months in the form of daily auctions. We have some very creative and innovative plans with the Dead King Society, so before we consider establishing a DKS token, we would only do so under the guidance of a legal counsel and expert economists. Lastly, we think it is important to focus on delivering value through our brand, services and community first and foremost. Once accomplished, only then would it make sense to tie a token to the value we provide. All too often we see projects luring investors with the promise of a token first and value later, which is simply backwards in retrospect.