My thoughts on Splinterlands town hall meeting today. CL packs burn, Lands, $DEC and $SPS

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(Edited)

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Hello Splinterfam! Town hall meeting today was a blast as usual, major topics of discussion for me stemmed from the DAO and proposal system, Landsand the burning of Chaos Legion packs. So, first, let’s talk about the DAO.

A decentralized autonomous organization is an entity structure in which tokenholders participate in the management and decision-making of an entity. There is no central authority of a DAO; instead, power is distributed across tokenholders who collectively cast votes.

So simple in theory, yet so hard! And you really wouldn’t know until you’re in one. Web 3 game is super hard to build. The Splinterlands DAOis a really interesting live simulation. In a DAO, stakeholders vote to enact changes, as opposed to a non DAO where changes are left to central authority.

But how much of changes should be enactable just because the stakeholders say so? How much of the original vision could be lost to reorganization? Imagine you leave Splinterlands for 6 months and come back and can’t find your way around because Stakeholders have voted to revamp the whole thing. Where’s the limit? At what point does the DAO become a thorn in the flesh?

On that note, there’s talk of burning 2500 Chaos Legion pack every month (or was it every day? Or was it 25000 daily? till it finishes), I really have to brush up on that info, but it’s something quite close enough. Although this is yet to become a proposal, we most certainly will see it come to be one soon.

Most of us agree that the CL packs were too much, Ofcourse at the time it didn’t seem so. Bull run happened and has a way of making the impossible possible and make people caught up in it. Anyway I welcome the progress of this affront. It’ll be nice to see the impact of such burns on the price of packs in the nearest future.

Few words were also said about Lands development, Lands still sounds like it’ll be seriously cool, DEC is going to play a major role in Lands, speaking of DEC, it seems it’s started to garner enough juice to actually return to its peg, the interesting thing is that it can go over the peg in theory but practically all the extra value will be directed to SPS.

The $0.5 zones would have been the best point to load up on DEC, one would just have to wait till it gets back to the peg. But it’s all good, no later comers here, especially if you’re holding SPS.

There were also other interesting discussions concerning RUNI and based on the utilities being brainstormed for these NFT’s I might just have to go buy any listed one that is cheaper than $500.

Kindly share your thoughts on these matters.

Thanks for reading….

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I am in support of burning the CL packs as well, I am yet to read the TH for the numbers to be burnt and when.
Good to see DEC is going to be vital for Land, lol here I am focused on loading a truck of SPS.

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