Great job everyone. Now we need to decide as a community how to use these funds. Do we wish to use them to buy back tokens or for projects we have in mind?
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Great job everyone. Now we need to decide as a community how to use these funds. Do we wish to use them to buy back tokens or for projects we have in mind?
I believe it's better to burn them off to reduce the supply . It will support the prices which of seeing positive growth.
I think proposals are also a valid use case. On @patrickulrich's VIMM stream, he mentioned that he wanted to onboard more users by having a sports trivia or quiz using more than just SPORTS token. By introducing this place as somewhere people can discuss sports and promote it amongst SPORTS lovers.
Burning tokens does increase the price but we still need to onboard more users.
Certainly this is what it should be used for. Maybe we anticipate another proposal for this.
Yes @patrickulrich has a few proposals in mind for the community. I don't know if it will be the burning SPORTS proposal or the ad revenue first. It could also include the diesel pools once it is released.
I can't wait to have them surface so we can start burning millions of SPORTS daily. $0.01 SPORTS on my mind.