RE: I'm Get The AKASHA Newsletter To Laugh At It
In the EOS whitepaper they said they were going to inflate at no more than 5% a year. Personally I feel like that is a good rate just mentally thinking about it.
I almost think with a Steemit 2.0 that it could just depend how well people like the governance model or buy into the hype. The only time I owned TRON was from an Airdrop on HitBTC and personally I figured it would just get dumped really hard because so many people ended up with free coins but the opposite happened. Also I felt the same way when Stellar did a big air drop at one point but it seemed to excite people and get people looking into it more and buying into the hype even more.
So I'm not sure how some of the airdrops will end up.
A lot of people won't agree with me on this but I feel that Steemit Inc should have airdropped a lot of STEEM Power to members over a certain reputation and engagement at some point. I think it would have created a more positive attitude and made people feel like their hard work wasn't for nothing in a lot of people's cases. There are only like 67,000 active account or so on here and let's just say that half of them met the criteria that would be set forward and they were all given the equivalent of $500 worth of STEEM Power that would be basically $16.7 Million distributed out of the Steemit Inc account worth $148 Million. The air drops have worked and even some of the forks didn't totally dump to $0 or anything so I feel like it would pump a lot of people up and the benefits would outweigh any kind of temporary price sag.
Then to get even more people hyped they could say that they are looking into doing more airdrops in the future for active members of the community.
In the EOS whitepaper they said they were going to inflate at no more than 5% a year. Personally I feel like that is a good rate just mentally thinking about it.
5% Max, after the Witnesses are paid the remainder is dropped into the Worker Proposal Fund. Very reasonable compared to STEEMs earlier inflation schedule. Enough to fund the development. Yet not enough to feel the creeping inflation. The only thing I dislike about the EOS monetary model is the lack of a stake-weighted Rewards Pool similar to STEEM. With the Worker Proposal System EOS Whales may end up controlling how most of the funds are distributed. Compared to STEEM where you get to fund projects in a more decentralized way depended on your stake/investment in the platform.
I almost think with a Steemit 2.0 that it could just depend how well people like the governance model or buy into the hype. The only time I owned TRON was from an Airdrop on HitBTC and personally I figured it would just get dumped really hard because so many people ended up with free coins but the opposite happened. Also I felt the same way when Stellar did a big air drop at one point but it seemed to excite people and get people looking into it more and buying into the hype even more.
It is hard to predict the game theory around Airdrops and other distribution schemes. TRON might of benefited from the right time in the crypto bull cycle and also the monetary policy of it's token. For instance I believe TRON is just an ERC20 token at this point. So I would assume not much inflation at this time. That may change when the TRON network goes live. If it does. Airdrops with premined zero inflation Vs. Airdrops on inflationary Reward Pool models such as STEEM and Dan's "Steemit 2.0" With the reward pool models I think you need to back it with a strong community of holders,investors and whales.
A lot of people won't agree with me on this but I feel that Steemit Inc should have airdropped a lot of STEEM Power to members over a certain reputation and engagement at some point. I think it would have created a more positive attitude and made people feel like their hard work wasn't for nothing in a lot of people's cases. There are only like 67,000 active account or so on here and let's just say that half of them met the criteria that would be set forward and they were all given the equivalent of $500 worth of STEEM Power that would be basically $16.7 Million distributed out of the Steemit Inc account worth $148 Million. The air drops have worked and even some of the forks didn't totally dump to $0 or anything so I feel like it would pump a lot of people up and the benefits would outweigh any kind of temporary price sag.
Then to get even more people hyped they could say that they are looking into doing more airdrops in the future for active members of the community.
I agree with this. Maybe just spread the distribution out over a longer time period so as not to crash the price.