Possibly upwards of 190 million SPS to be stacked by the DAO, as mentioned above over 1/6 the current total float of SPS publicly issued to be owned by the DAO. Upwards of almost 6% of all SPS to ever be produced through this promotion to be taken in to the DAO Treasury, to help ensure additional ongoing viability for the DAO following the SPS in game reward airdrop.
Seems quite a small sacrifice for a single set that no one in the DAO voted for cards to be printed. I realize there is a major incentive to burn these cards if you own them so you can see a slight uptick in their value, while ignoring a massive opportunity for the DAO and those that stake SPS.
This is a major problem and why we are in the situation we are in. If this were in an in game set it makes much more sense to simply burn them and move on since the game is expected to come up with a new set roughly every year.
It's unfortunate you don't see the value of the DAO taking in such a massive amount of SPS WHILE BUYING LOW. If you think SPS will always be 2 cents or lower we are sadly in a spiral that will be virtually impossible to recover from.
i also think that it is very important that the dao makes money, but not at the expense of other assets. i currently consider liquidity pools to be the best solution, it does not harm other assets and even does something positive for the ecosystem because it reduces sps inflation.
The DAO will always be in competition with everyone who is protecting their bag with something. Too many people think the DAO is a trash dump and less of a collection of assets to be distributed when the SPS airdrop is done. We have a problem in this game that we cannot think forward in the least bit but will gladly watch the game burn to the ground to protect a few ROI points. It's good to get this dialog on the record. I respectfully disagree but thanks for participating in the dialog.
This is a major broken promise to the community and a complete willful tanking of SPS because of "muh RW card values." There was so much hype around this set for SPS utility. I get it, we're a presale kind of company that has massive deals on presales and then tries to "stick it to the loser that shows up later." BTW this set had a limited time/limited supply for the presale benefits. I don't remember a DAO proposal for that either. Everything that could go wrong with this set has gone wrong and the community is a willing accomplice. A lot of people act like they're long for this project but these kind of sentiments are not going to age well looking back. Glad it's on the record.
Possibly upwards of 190 million SPS to be stacked by the DAO, as mentioned above over 1/6 the current total float of SPS publicly issued to be owned by the DAO. Upwards of almost 6% of all SPS to ever be produced through this promotion to be taken in to the DAO Treasury, to help ensure additional ongoing viability for the DAO following the SPS in game reward airdrop.
Seems quite a small sacrifice for a single set that no one in the DAO voted for cards to be printed. I realize there is a major incentive to burn these cards if you own them so you can see a slight uptick in their value, while ignoring a massive opportunity for the DAO and those that stake SPS.
This is a major problem and why we are in the situation we are in. If this were in an in game set it makes much more sense to simply burn them and move on since the game is expected to come up with a new set roughly every year.
It's unfortunate you don't see the value of the DAO taking in such a massive amount of SPS WHILE BUYING LOW. If you think SPS will always be 2 cents or lower we are sadly in a spiral that will be virtually impossible to recover from.
i also think that it is very important that the dao makes money, but not at the expense of other assets. i currently consider liquidity pools to be the best solution, it does not harm other assets and even does something positive for the ecosystem because it reduces sps inflation.
The DAO will always be in competition with everyone who is protecting their bag with something. Too many people think the DAO is a trash dump and less of a collection of assets to be distributed when the SPS airdrop is done. We have a problem in this game that we cannot think forward in the least bit but will gladly watch the game burn to the ground to protect a few ROI points. It's good to get this dialog on the record. I respectfully disagree but thanks for participating in the dialog.
i don't own any riftwatcher cards, so for me personally the proposal would even be good. so has nothing to do with roi^^
This is a major broken promise to the community and a complete willful tanking of SPS because of "muh RW card values." There was so much hype around this set for SPS utility. I get it, we're a presale kind of company that has massive deals on presales and then tries to "stick it to the loser that shows up later." BTW this set had a limited time/limited supply for the presale benefits. I don't remember a DAO proposal for that either. Everything that could go wrong with this set has gone wrong and the community is a willing accomplice. A lot of people act like they're long for this project but these kind of sentiments are not going to age well looking back. Glad it's on the record.