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RE: How viable is Steem as a currency as the Steem network must constantly create tokens to reward bloggers and enable votes (causing lots of inflation)?

in #promo-steem5 years ago

The reason spinterland shines because it does not use the reward pool. The reason it shines because it is independent of the price of steem. Both it’s marketcap and user base went up during the alt coin bear market because of that. We need more projects like that, which are independent of the price but uses the efficiency and scalability of steem blockchain

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Exactly. The reward pool is actually a cost to them, since their stake (which they need in order to provide RCs to their players) is inflated to pay for it even though they don't use it.