Tribe Talk: What's Up With Palnet?

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I've been spending a lot of time looking at Tribes lately and circled back to one of the originals: Palnet

I've always thought communities were an interesting idea but Palnet is different in the fact that it isn't just for a niche or tag, all content is welcomed.

While I think that's great, it always made me think that it was just like adding a duplicate layer on steem to get a token. Don't get me wrong, I love my tokens but I figured Palnet would fade because the tokens wouldn't be special.

I may not be right about my thoughts on a general tribe and I'm wondering about what I see in the token price. The price has risen over the last few months and and I'm wondering why. There are niche tribes with plenty interest in them but price is not growing, or at least being stable, like what I'm seeing in Palcoin

So I guess what I'm trying to figure out with Palcoin is what's going on with the price and it is a token to buy and/or hold. I've never paid to much attention to the ones I have. I staked 1000 and the rest are there for trading.

Let me know your thoughts about palcoin in the comments. I'd love to come up with a good strategy for dealing this token.


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7 comments
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I wish I knew @cflclosers. I remember reading about a progressive airdrop if you stake some PAL but I can't seem to find the post now.


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well quite a few other tribes started their own airdrops with the list of users who had staked PAL, which basically cut out all the people who dumped their PAL airdrop. So basically, targeting HODLers. I don't know about any other recent developments with PAL or anything. I think I heard something a while back that they were reducing the amount of inflation tokens that PAL mods and others were getting, so maybe cutting back on the supply increase while continuing to burn tokens has something to do with the price.

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interesting. I'm lucky I staked my original airdrop then. Have a !BEER token on me!

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The new airdrop and maybe economic model could be helping.


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It's really interesting to me. I suppose I'll need to hang onto any coins I earn. Have a !BEER on me

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