The native coin value of a blockchain is dependent on its utilities, vibrancy and the perception of the host blockchain it symbolizes. The DMD diamond coin value has recently infused some high levels of fear and uncertainties among enthusiasts. Here are sustainable pathways our community members could adopt to boost not only the DMD diamond coin but also the DMD diamond blockchain in its entirety.
First off, it is important that our community members actively partake in the DMD diamond blockchain developments and advancements. We can do so by engaging in codebase development, initiating and voting on consensus upgrades and immersing ourselves in discussions about the DMD diamond blockchain’s future mission and vision. It’s time community members spread the potential of the DMD diamond blockchain and its native coins to build confidence and attract blockchain investors and other crypto-affine populations.
Secondly, there’s a need for us to nurture a vibrant environment of third-party projects and applications on top of the DMD diamond blockchain. We can achieve this milestone by motivating developers to develop smart contracts, decentralized applications, and other resourceful solutions that can take advantage of the DMD diamond blockchain’s unique use cases, like its EVM-based contract support. This would undoubtedly not only increase our blockchain utilities but also our user base and the demand for DMD diamond coins.
Similarly, community members should vigorously promote the use and adoption of the DMD diamond blockchain among individuals, businesses and developers. These can be achieved by sharing the potential of the blockchain and its native coin across social channels of blockchain/crypto-dominated audiences and participating in DMD diamond blockchain conferences, among other avenues to onboard new enthusiasts of the DMD diamond blockchain. Let’s support proposals that facilitate our blockchain integration with existing payment gateways and infrastructures – to widen our reach and our native coin’s demand.
Conclusively, we need to showcase an engaged and stronger community around our blockchain. This would in turn have a favorable effect on its native coin. Through active participation, having a sense of belonging to the blockchain and even leading a move to incentivize contributions via reward routes or governance mechanisms, can help the community to entice investors and developers, thereby boosting our liquidity and our native coin’s demand. These concerted endeavours would ultimately position us to be a valuable and robust network in the broader blockchain domain.
