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RE: Round 2 of the BUILDTEAM Auction Is Now Complete!

in #buildteam7 years ago

ok, I think I have some clarification. In the monthly announcement, they say what the "BuildToken General Fund" is. NOw, you don't know how many other ppl are going to bid for it (just b/c you have BuildTokens you aren't required to redeem them and also there's no inflation of the token).

If this becomes popular, then you COULD see more upside in the actual token price itself than redeeming them each month, but we'll see if/when that happens. With a limited supply of BuildTeam tokens, if everyone holds and you are the ONLY person to redeem, then you could (theoretically receive 100% of the BuildToken General Fund reward with a very small # of tokens redeemed. On the other hand, if everyone redeems (and the Fund is small) then you may lose value.

Did I make a mistake anywhere?

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maybe you could do a video on this? If I can get everything straight, I'll do one.