I voted against the staking requirements for Soul Keep last year because it was obviously a bad idea that wouldn't work for a casual game thats supposed to attract people to the ecosystem. And the idea of having identical staking requirements for soul keep as Splinterlands was especially stupid since the rewards for soul keep are a fraction of what they are for Splinterlands. It sounds like Double Coconut figured out the obvious and they decided not to do it. Good for them. The SPS is from the team's delegation anyway and clearly the team signed off on this version. The DAO could vote to revoke the distribution going forward but that would be incredibly damaging. Hopefully we can just make a new deal since it seems people like the game and making it a DEC burner is a far better idea than requiring staking. They could even just sell things in usd/credits web 2 style and burn the DEC in the background. Much better than forcing non splinterlands people figure out how to stake 200k SPS to play 1of 1000 tower defense games available to them.
@@AfterSoundGaming The difference here is that Apple pays dividends in USD, which people can then convert to stock. And if any stock splits were to occur, the value would be unchanged.(More or less.) SPS giving more SPS is more akin to bonds but the government tends to use the money printer in a better way compared to some random guy on the internet. Given the stock split analogy, all the sps inflation would not be creating any value whatsoever. About half of SPS left to go, expect SPS to lose about half its value and that's assuming nothing changes in the meantime.
The only reason Soulkeep was useful was because : 1- Staking SPS make SPS price goes up because it was raising demand for SPS on top of Splinterland card game 2-Card staking was supposed to also create more card demand on the market for the card asset if the game is as bad and laggy as it is right now and there is no more staking for both card and SPS, this game is simply useless in the echo system and it's yet another failure (big surprise lol) That's the reason this game is going down, they sell something and either don't deliver what was sold or change stuff on the way and people don't get what they paid for
In this case, it is good for the player playing Soul Keep as they don’t need any additional investment in SPS or cards to scoop up the rewards. Overall, however, it is another drain on the SPS token as it doesn’t help address either demand or supply in a positive fashion. So, yes, another failure to deliver unfortunately (in its current state)
Its burning dec so why not. We need more games like this to kickstart that flywheel thingy.
I voted against the staking requirements for Soul Keep last year because it was obviously a bad idea that wouldn't work for a casual game thats supposed to attract people to the ecosystem. And the idea of having identical staking requirements for soul keep as Splinterlands was especially stupid since the rewards for soul keep are a fraction of what they are for Splinterlands. It sounds like Double Coconut figured out the obvious and they decided not to do it. Good for them.
The SPS is from the team's delegation anyway and clearly the team signed off on this version. The DAO could vote to revoke the distribution going forward but that would be incredibly damaging. Hopefully we can just make a new deal since it seems people like the game and making it a DEC burner is a far better idea than requiring staking. They could even just sell things in usd/credits web 2 style and burn the DEC in the background. Much better than forcing non splinterlands people figure out how to stake 200k SPS to play 1of 1000 tower defense games available to them.
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No sps staking requirements sounds interesting. SPS is a trash token. Might investigate it again. Needing people to own tokens for rewards = ponzi.
Ok donk
Well not really. The more stake you have in the game the more you are entitled to earn. Think of it like Apple stock dividends.
@@AfterSoundGaming The difference here is that Apple pays dividends in USD, which people can then convert to stock. And if any stock splits were to occur, the value would be unchanged.(More or less.)
SPS giving more SPS is more akin to bonds but the government tends to use the money printer in a better way compared to some random guy on the internet. Given the stock split analogy, all the sps inflation would not be creating any value whatsoever. About half of SPS left to go, expect SPS to lose about half its value and that's assuming nothing changes in the meantime.
The only reason Soulkeep was useful was because :
1- Staking SPS make SPS price goes up because it was raising demand for SPS on top of Splinterland card game
2-Card staking was supposed to also create more card demand on the market for the card asset
if the game is as bad and laggy as it is right now and there is no more staking for both card and SPS, this game is simply useless in the echo system and it's yet another failure (big surprise lol)
That's the reason this game is going down, they sell something and either don't deliver what was sold or change stuff on the way and people don't get what they paid for
In this case, it is good for the player playing Soul Keep as they don’t need any additional investment in SPS or cards to scoop up the rewards. Overall, however, it is another drain on the SPS token as it doesn’t help address either demand or supply in a positive fashion. So, yes, another failure to deliver unfortunately (in its current state)
Disappointing but also not surprising
No surprise was had