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RE: Snaps Container // 1743527520

in Snaps7 months ago

22,994.97 Hive & 5,809.73 HBD burned by @buildawhale burn posts in March.
That's $11,328.52 USD!

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But what if we would have spent those on marketing, buying influencers etc. Can it be that the whales have no interest in spending the money in a useful way and just do some burning here and there to keep the reward pool lower?

There are tens of millions in the DHF that can be spent on that. In fact we spent like $200k doing just that and we onboarded about 68 people with a sum of 7 Hive among the lot of them, all of which gained from memo spam.

The burn posts are not mutually exclusive of this.

With the 200K you meant the "value plan"? I would not consider this as professional marketing, that was a waste of money. I agree that the burning is better than nothing, but it is always sad, if a company is not creative enough to find better ways than that.

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