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RE: How burning tokens can increase the return for stakers

in The CTP Swarm3 years ago

Well yes the staking is also a feature and I guess it could increase yield. However I still think adding more utility besides that can only be better for the token's future. For example, I think CTP can be used to pay for subscription services so there is always some base value for CTP.

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Yep. with fire pay and hive pay, there's plenty of ways to pay for misc services with hive and ctp. I wrote about this a while back (https://robwillmann.com/traffic-resources-leverage-fire-pay/) and there's a lot of traffic exchanges, mailers, and ad sites where you can pay straight up for upgrades with ctp.

I totally agree with you in this respect. The more use cases and ways that you can use a token, the better.