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RE: 404

in #dstors6 years ago (edited)

As the White Paper states, inflation (release of STORS) is pegged to the daily transaction volumes. Buyers and sellers "earn" dStors by completing transactions. In other words, we won't be doing free airdrops which always cheapens a coin either in the short term or long term.

"Freemium" is not our business model. "Profit" is our model and we incentivise shopping well past the point of a completed transaction by rewarding STORS tokens that can be spent for upvotes.

The larger storage of STORS coins are reserved and released as rewards to buyers and sellers as transactions complete. We believe $1 Mil transaction to $10 million transaction periods will release 10,000 to 100k tokens (not yet finalized). So, STORS inflation is totally pegged to transaction volumes.

So, your suggestion of comparing STORS to steemhunt is apples to oranges, IMHO. Why? Steemhunt is not a "for profit" business; dStors is 100% for profit incorporation. We can not afford to run a business on freemium. That's why STORS tokens are "earned" by the buyers and sellers by completing transactions. It's the meaning behind our motto: Monetize your shopping.

All dStors team members are also vested in their rewards so there won't be an immediate dumping of STORS tokens by team members or employees. This again allows dStors team members to have long term skin in the game.

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Thank you very much for your kind and detailed answer.

Won't you sell the larger storage of STORS coins which are reserved by you and will be released as rewards to buyers and sellers, in the coin market, will you?

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