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RE: @tipU Tokens - Need Some Feedback :)

in #steem6 years ago

Thanks for the feedback!

there would be no difference between buying a token, or delegating SP

Well, you should be able to sell the tokens on the market and instantly receive your STEEM back. For SP you need to power down and wait 3 months so that was my basic idea why the tokens can be useful in this scenario.

My suggestion would be to fix supply and distribute 60% of profits from @tipu's own SP to token holders

Instead I think that 100% of the @tipU own SP profit will go to the token holders, with @tipU holding the majority of tokens. I can then use them for, for example, as a cashback mechanic for upvote buyers - just in case the competition between the voting bots heats up :) Or sell them later on to obtain funds for a new project.

An added incentive to grow the SP base for token holders could be a daily report produced - set to power up 100%. This would give token holders a powerful incentive to upvote daily this report and boost the own SP (thus token holder profits).

This sounds a bit like "selfish" voting (upvote me and I will give it back) and many users, including whales, are not a fan of that. Thanks again!