I love the token idea - with fixed supply. The unlimited supply token is ultimately pointless, there would be no difference between buying a token, or delegating SP, so the tokens value would remain flat and just add complexity for you guys in admin.
"generate profit for the investments - coming from deposits and auto-reinvest functionality."My suggestion would be to fix supply and distribute 60% of profits from @tipu's own SP to token holders. This effectively gives 60% "ownership" of that SP to token holders, with the remaining 40% covering the other items you mentioned -
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). I think this would be preferable to burning tokens for votes and foster a steadily growing price for the tokens. The report could cover off daily upvote stats, profitability of delegating, and details of the token economics each day.
Just my 2cents worth. I would definitely buy tokens with a hard cap supply but probably wouldn't buy unlimited supply tokens.
+1 👌
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Thanks for the feedback!
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.
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.
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!