RE: SPS Proposal: Allocate up to 30 million SPS to pursue exchange listings

avatar

You are viewing a single comment's thread:

I have one thing to say to the people who say "that's a lot of money"

It's only a lot of money if SPS can be freely and easily exchanged. Right now it's no different from any other in game currency. Spending it outside of splinterlands is very difficult and doesn't have the liquidity to even handle it.

If we were to attempt selling 30 million SPS the price would plummet to almost nothing. This is exactly why exchange listings and having a robust and liquid market is important if we ever want to view SPS/DEC/etc as anything beyond in game currency. As it stands now, the exit of a few whales alone could tank the economy.

If we're going to insist these are real assets, then we need to take steps ensuring they can be transacted like real assets can be. This involves getting listed on exchanges.



0
0
0.000
0 comments