You are viewing a single comment's thread from:RE: Let's burn some steem... I need your help.View the full contextvideosteemit (62)in #burnsteem • 5 years ago Tokenize burning. Create burn coin. Add sink to burn coin. Posted using Partiko Android
I was talking in discord the other day about creating ASH. Every STEEM you burn, you get an ASH.
If nothing else, you can flex your burn on others.
Hi @nealmcspadden
question is: what would give any value to ASH tokens. Without reason to buy it price would only keep dropping down.
It would just be for status
If you can buy them on the market then owning them won’t be a proof that you burned. So you can’t really show off. So no one will buy. Could maybe work though.
Posted using Partiko iOS
I like this idea. I want burn power.
Posted using Partiko Android
It's nice idea.
To add on, maybe use all raised steem in burncoin sales as steem power that daily upvotes a burn post. Helps to burn future inflation
Posted using Partiko Android