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RE: Daily Delegation - Day 8 (2,000 NeoXAg Delegation everyday)
I tagged you in the neoxian.city cry room. Waaah.
Another idea to burn neoxianag. Create a new token called neoxianburn (or something like that) which is distributed 1:1 with the number of burned neoxianag. No airdrop, only a pure representation of the amount of neoxianag that has been burned specifically for the token. Users could put it on the market and see how it does. Use the burn tokens for raffle entries for big steem or sbd prizes... or even neoxianag!
(the Federal Reserve needs initiatives like this to counter inflation... literally burn your greenbacks with fire for incentives!)
edit: for more scarcity, could only issue 0.5 neoxianburn per burned neoxian... just a thought.
You have brillians ideas @ironshield! I cannot even think of any, but then you have these different types of awesome ideas!!! Hahaha! 😁
Thanks!
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.
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!)