RE: SPS Governance Proposal - Hire Steem Monsters Corp. to Develop a Bitcoin Halving Promo Event

avatar

You are viewing a single comment's thread:

You make good points and I like your thinking.

In the case of the DAO its roughly $10m in value. But most of that is in SPL assets, so its a bit misleading.

As Matt said in the post this $200k would represent about 8% of the total non SPL assets. So that would mean we have about $2.5m in non SPS assets, and we would be spending $200k of the $2.5m.

As for the halving ability, I also hope we have that or at least a variation on it, like a halving of health or speed. That would be fun and cool too.

I guess we'll see what they do on the card, but I agree they should make it special!

And thank you as well for the civil and constructive conversation Kona, its great to hear your thoughts! :)

spsproposal
0
0
0.000
3 comments
avatar

If $200k is about 8% of the company's non-spl asset, and assuming, at worst case, people only bought like 50k out of 200k so 1/4 of it, then the expense is like 6% of the company asset. For a commemoration event, that's good enough and was actually lower than what I was expecting.

Spending 6% for a trial run for a project is decent. Even if at worst, NO ONE buy anything for this, it would not make the company go under or be on the red so I think it's worth a shot. At best, company breaks even so that's a free test run for the next 4 projects. Of course, for the best best, profit.

Based on that, I see that there's little to no danger doing this side project and it also gives a good view for future projects, like making a bottom line or an idea to use for the next 4 projects.

Oh, and thank you as well for being cool with the questions and the new information and have a nice day.

0
0
0.000
Reply