I’m not trying to FUD or say “I told you so.”
But it was somewhat predictable that things would unfold like this. The products TokenWorks has been launching are generally built on hype rather than being true consumer products
That’s why each new attempt tends to fail at some point. A model that is tied directly to a token isn’t really sustainable in the long run on-chain
Ten Thousand Tokens dropped from 0.15 ETH floor to 0.05 ETH
Here’s why:
People bought the launchpad news and pushed it to 0.15 ETH. Then the product released, and selling started
Most people don’t actually buy the product or the mechanism — they buy the narrative
After the release, there are still some missing points. There’s nothing strong enough to incentivize people to burn NFTs and launch tokens
So the real question is: why would someone choose to launch a token on Tokenworks by burning an NFT?