Other XRPL token projects on the back foot

[notsatoshi]

I feel like other xrpl token projects might be caught off guard by the bitx token exchange offer. it is a very interesting idea to put into action. it feels like bitx is 'one token to rule them all' sort of thing, I like it

[bitx]

To be honest, I think some XRPL projects may not like the honest approach we have taken in encouraging people to exchange their tokens for BITx, but it's not all that different than people being able to trade on the XRPL DEX, nearly every project out there is doing the same thing in one way or another. The only real difference is that we are using this token exchange offer as part of the initial airdrop/distribution of the BITx token.

[notsatoshi]

yes this is true, every project is trying to get people onboard and during bear market this often means drawing support from other project followers