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RE: The Future of SPORTS Token - My Query

in LeoFinance5 years ago

I appreciate the support you've had for SPORTS @uyobong! I can say that I am dedicated to keeping this community alive and growing but I can make no promotions on how the monetary value of the token will perform. The point of SPORTS is to organize and support a sports focused community and is not geared towards financial profit. If those two factors align then that is great but the use of SPORTS is about our community foremost and not profits.

As for burning options we've had promotions in the past to promote burning. We also have an arrangement with @aggroed to display ads on our main site in exchange for purchasing SPORTS off the market and burning those. I also have future plans for burning opportunities but nothing ready for an announcement yet.

As for reducing our inflation it was something I heavily considered when we made the transition to Hive. The problem with reducing our token inflation is that anyone who joined STS prior to the switch would have an unfair advantage over new users as they were able to mint tokens on a much higher inflation scale. This is why I feel it is imperative that we don't lower inflation as to not hurt the future community members who would like to grow to the same levels that our current whales are at.

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Thank you for your detailed and we'll explained reply. The truth about community growth is that of communication and when this misses, community loosed essence.

You might not know how assuring your frequent posts about the SportsTalkSocial tribe could endear more users to join the community.

We way to hear often from the team even if it's not something new. Let us always have this assurance that the team is still concerned about the growth of the community.

Even if it means calling for creators in your stead, I'll gladly oblige to write in that space and we share it to Twitter to tell the world about our community while also earning some tangible hive upvotes.

Please, there is no way we would stop talking about profit and finance in the STS community because we first had spent moneny to buy tokens and stake them. What would be the essence of the community without curation? Curation needs tokens and we buy them. We will always talk about the money.
Thanks once again for the reply.