Part of the reason that I wanted to be a witness - (@nepd-witness is my witness account) was that I wanted all users to feel that they had a voice and someone that would listen to them.
I also wanted to make sure that I and other witnesses were accountable to the users and gave updates on what we were looking to accomplish.
Therefore I'm piggybacking on the great idea of @bushkill witness updates and creating the Witness Roundtable. Every two weeks I'll pose a question to all the witnesses on the "Witness Chat" on discord and post their replies here. If you have a question that you would like asked and I'll be sure to get that done.
This is the question for Week 3:
"A lot of speculation has been made about price over the last couple of days. In your opinion, how important is the short-term price of WLS relative to its chances for long-term success?"
"A higher initial price will probably attract interest from more outside users."
"Short-term price is not relative to the future of Whaleshares in my opinion. We've seen projects "moonshot" out of the gate and flop tremendously within a short amount of time because the price rise was due to pure speculation. The relative factors to me are developers creating a technically sound platform with new and fresh ideas while at the same time the community becoming strong and vibrant. This will hopefully lead to a steady increase in price over time which creates price stability that leads to continued price growth because investors see a token with strong fundamentals."
"While I feel that a higher initial price may garner more hype, a more moderate entry point (as it stands right now) will be better off for the future of the platform. A healthy distribution of tokens and plenty of diverse stakeholders will allow Whaleshares to reach its full potential.
"I'm not necessarily concerned with price right out of the gate. Prices attract speculators. My personal goal as a witness is to use all means at my disposal to attract quality members who will contribute to the community. The community is what makes or breaks these particular (dpos) projects. Educating the masses is paramount and if a solid community is well educated on this platforms' goals and potential, the price will reflect it in the long term."