I fail to understand what are the advantages of having a dynamic formula. Is it only to allow minting tokens for free?
Could you expand why this holds true when you mint an infinite amount of tokens?
If the token’s utility is clear, well defined and attached to a real world value how can you motivate the price increase based on the token quantity?
Dynamic bonding curves can be useful in very specific circumstances that require more than a 1 dimensional factor to affect the price of the token.
In your medium article the formula used is not really dynamic, as it still only uses the total supply in the function. This is what normal token bonding curves are, a function of the total supply.
I do agree that the use of bonding curves can create new sustainable token models.
I think eco system being able to mint token free is valuable.
Ethereum is minting tokens for miners for free.
It could change after PoS though…
And I think even though token’s utility is clear, we can ( should ) not have market price until project became successful unless you mention ICO. I mean we need enough token holders to have liquidity. and only ICO generate speculation markets so far.
Benefit of bonding curve is we can have liquidity from day one without ICO or speculation.
But you may be right.
Once project have enough token holders and listed on exchanges, price should be set by market…