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RE: RentMoneys Thoughts On The Purchasable SPS Validator Licenses

in LeoFinance2 years ago

Its interesting to think about, once we progress to Tranche 3 we will then have the $4.00 USD bonus boosters pulling down the price of Vouchers while the Validator discount bonus pulls the USD value of Vouchers towards $7.50 USD. I think what happens here is very unpredictable as there is too much to consider. For example, how successful will the sale of Validator Licenses be. If its just the core base purchasing than the $7.50 discount for Vouchers might not have a lasting impact on Voucher prices as most core players will likely have their licenses by Tranche 3/4. On the other hand if we get an influx of new players and they want Validator licenses we would likely see a boom in Voucher Prices and by extension SPS price should also benefit.

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Sooner or later, when we see the next Bull market, we will see SPS and validator licenses go through the roof. It will be like Land circa Fall 2021 all over again. High SPS price drives validator sales and validator sales drives up SPS price.

I agree but I base my thoughts on the SPS cost of the license vs the SPS return. If we look at total cost of presale licenses using the numbers in the OP it will total $1910 USD. That same USD amount at $0.12 (current value of SPS) each equals just shy of 16,000 SPS. If the presale + Tranche one and two sell out before rewards start being given for license holders that would leave license holders being dropped 375 SPS per month. That would mean it would take 43 months before we see a profit. That is leaving out the cost of running the node itself. If SPS Price rises before license sales, purchasing them could end up being a great deal but as is I'm not so sure.

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