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

avatar
(Edited)

You are viewing a single comment's thread:

I usually vote for/against proposals I'm interested but I never usually join the conversation. In this case I feel like this proposal comes in simply at a very bad time, this is something that should be done during a bull market (or at least not when the whole financial world is burning). I don't even really care about the huge amount proposed as I don't believe it'll significantly have a negative impact in the long term.

With the current state of the markets (not only crypto) I don't believe this will bring as much attention as it could. Even if it brings a good amount of attention, it will still only bring a fraction of the attention it would when the market is at a better state. After all this years without a top #2 exchange listing.. Why now? Why in the midst of land development instead of when it is a fleshed out experience that is actually live?

To anyone that cares about the longevity of this game, please reconsider this proposal before voting in favor just because you want to see your SPS bag rise in price. If the intention is purely price raise then the timing might be as good as ever (since it's low it might easily pump harder) but in my honest opinion I think this would be better at a time where it would actually attract more players (when there is more engagement in crypto), not only investors which are almost all that remains searching for opportunities during bear markets.

If we want the game to have longevity, we need new players AND investors. Both are required for the game to succeed but in a bear market most likely the percentage of players will be very low when compared to investors and it just strikes me as wasted potential. We will only be listed ONCE in Binance/Coinbase and this seems like not the right time.

I hope I'm wrong since this is apparently going forward but this just looks like a greedy move..



0
0
0.000
1 comments
avatar

Id like to get some roi as swell as i invest as a part of how i play he game and deffinately will not say no to selling into coinbase intial demand prob spikes the price up high and will be able to sell at a multiple of what you can buy back for after wards and it stablizes also it may have a pull up effect on glx which willl be good for most sps stakers

0
0
0.000