Recently we went over SPT and some ways we can make the SPT token more valuable. We had allot of great suggestions that fell under the below categories,
(1) In game use cases
(2) Use cases token holders could implement
(3) Burn suggestion
To read these suggestions in detail Click --> SPT & Use Cases!.
Only the devs can give SPT an in game use case. All we can do as a group of Splintertalk (SPT) users is keep suggesting that they do so. Hopefully if enough SPT holders consistantly speak up we might get one sooner rather than later. Until that day comes there's still the two other options listed above in which us Token holders can help implement.
Before we go over what this post is intended for I'm going to give a short description of both SPT and Splinterlands. Feel free to skip past it if this isn't your first SPT rodeo.
What Is SplinterTalk?
Splintertalk is the social platform that was BUILT for Splinterlands players. For sharing Splinterlands content, you can earn rewards in the form of SPT tokens on the Splintertalk site! SPT tokens can be traded or staked to increase Splintertalk Power, which allows you to reward the content of others!
What Is Splinterlands?
Splinterlands is a digital card game created by @aggroed and @yabapmatt. Tournaments in which giveaway prizes that have monetary value are being played daily. You can start playing or investing in Splinterlands today by clicking here.
Lets Burn Some SPT Tokens (Weekly Burn)
This post is going to focus on suggestion (3) Burn suggestion. If you read the topic SPT & Use Cases! you will notice in the comment section that the idea of a SPT burn post sprung to mind. Well friends this is that post.
All the liquid SPT tokens this post generates will get burned. How do I intend on burning these SPT tokens? I will send all the liquid SPT tokens to @null.
What Do You Mean By Liquid SPT?
Liquid SPT is the authors share of the earned SPT rewards a post generates. This means you as curators will still earn your share of curation rewards when you upvote. I as the author of this topic will send my share (the Authors share) of SPT earnings this post generates to be burned.
I'm not sure how well received this plan will be but if SPT holders show interest via upvoting/commenting I will make this a *weekly burn post. Currently out of the total supply of SPT tokens given out to date just 0.01% have been sent to be burned. I hope to dramatically increase that percentage.
SPT Burned To Date
| Week | BURNED SPT |
|---|---|
| [One] | ??????? |
| [Two] | ??????? |
| Total SPT BURNED | ??????? |
Im glad to see finally someone talking about use cases for SPT, perhaps you could swap a certain amount a week for DEC.
All great suggestions.
I think you are the first to mention SPT - DEC swap, very interesting idea.
If people start posting directly from the website splintertalk.io and start forming a community, the price of the token is already going up.
And of course, there is a monster-curator that has 33 million spt in delegation, making curation something very centralized. (Well they could give upvote only to people who post in the splinterlands community)
I'm not sure that posting directly from the official site is needed for SPT to rise in value. I believe what is needed is an in game use within the game of Splinterlands. Its my opinion that the Splinterlands/SPT community is one of the stronger ones on HIVE.
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