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

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I agree. The only similarities I see in this WHOLE article is "$200k seems too much" which I partially agree. The reason why I agree with them is, I think majority of these people, including me, never owned a huge company. Therefore, we don't have a basis if $200k is a big amount for a company or not. For say, a simple restaurant, yeah, that's a big amount but Splinterlands is not a small simple restaurant. It's an international corporation with worldwide playerbase as its audience.

Majority also probably don't know how DAO has right now (including me again). So, say DAO only has $1M in funds, then yeah, $200k is a bit high since it's 1/5 of the company funds or 20% of their entire fortune. HOWEVER, say the company has $10M in funds, then $200k is 2% of company funds which is miniscule for an "experiment" such as this.

Both my examples above are also "ifs" but personally, I do want this to proceed since I want to have some memory for this halving event. This would be my first halving event and I am excited about it and since Splinterlands is the reason why I got into crypto, I'd like to have a card commemorated for it.

I hope there's at least the Halving ability on both cards. Halfling Alchemist's lore is funny and knowing that it had the "Halving" ability because it was a "Halving event promo card" makes it even better. Lastly, Halving happens once every 4 years so splurging on this (say 200k was really expensive for the cost) is actually fine for me.

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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! :)

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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.

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