Initially it could although with only 12M slated for airdrop, each person, based upon 256M, would get roughly .04 Appic per STEEM. Therefore there wont be all that many issued to make people rush out and sell it.
The Whales might dump but I figure I will get about 680 Appics...at .15 that is about $100...not worth selling might as well hold.
I thought I’d seen in their communications somewhere that it is a controlled drop, not just airdropping on all Steem holders. I believe they may just have tokens set aside to give to influencers and community leaders they’ll recruit and handpick. I’ll have to see if I can find where I saw that...
That is news to me...not saying it isnt the case....
If that is so, I would love to see it....it would be great if you could find it.
12M to the entire STEEM ecosystem doesnt make sense when I think about it...what you are saying makes a bit more sense.
Just screenshotted the thread I remembered with my phone...
Thanks a lot...that sums it up.
We will see who are selected. LOL