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RE: Daily Delegation - Day 8 (2,000 NeoXAg Delegation everyday)

in #neoxian5 years ago

My only real issue is, where does the value of the new token come from? Someone has to do something extra to create a value for the token and then we'd need a way to burn the burn tokens.

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I suppose the value of the new coin would come from an effective faucet and sink: burning neoxianag is the only "faucet", and submitting (burning) the token for raffles is the "sink". Users could HODL, or sell, or more likely use them (like a ticket) for the raffle. Either way, it would have value due to scarcity and utility. Also, if neoxianburn is 0.5 for every burned neoxianag, I would presume the value would generally stay around 2x neoxianag.

(ag = silver... maybe neoxianmelt would be a better name!)

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