You are viewing a single comment's thread from:

RE: SPS DAO Mints Promo Card for SPS Stakers

in #spsproposallast year (edited)

Absolutely not!!! This proposal would set this card as a 10000$ priced card!

At least not as it stands, ofc this is the perfect proposal because SPS whales are the ones with voting power and the ones who stand to earn the most.

1k SPS = 1BCX and as a common card it needs 400 BCX to be maxed.
At current SPS prices translates into more than 25$ per BCS which means 10000$ for one maxed common card.

If you need a maxed card and don't have enough staked SPS you will need to buy each BCX you are missing.
Worse case scenario is if you need to buy all 400 BCX, even if that is not the case the vast majority will still need to buy.
Few people have 400k SPS staked and this sets a base price for each BCX.

Even at 1 BCX for 100 staked SPS would be stretch and value the card at 1000$

I hope people realize that unless the numbers are changed they will be paying more for a regular foil of this card than for a gold foil of Lux, which is just insanely stupid.

Sort:  

The math here isn't really correct. You're not spending $10k for one maxed common. You're spending $10k for $10k of SPS + 1 maxed common. You aren't losing the value of the SPS in this, and no one will price the card that way.

Right now, there are like 400M sps staked, so there will be lik 400k BCX of this card. Guess what else has 400k BCX? Salty Bear. Guess what salty bear's price is? $0.23. Yes, this card will cost an extra $0.1 since you need a voucher too, so I predict it'll land somewhere around $0.3 (plus or minus depending on how good it is).