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RE: SPS Governance Proposal - Update Minimum Rental Price from .1 DEC to 1 DEC

in #spsproposal4 months ago

@tsnaks @vimukthi

Let us not forget, that even with DEC at Peg... 1,000 DEC = $1.00 so 1 DEC is ONE TENTH of a Penny or $.001 :)

I do not believe that to be expensive by any means and will still allow every human to rent to their hearts content while at the same time forcing the bot Horde to pay 10X their current Rental Costs, which may be a large enough incentive to shake some of them out.

Furthermore, since we are no longer Card Level capped in Ranked Battles, this will be a huge incentive for those renting out cards to level them up and at the same time give those renting in cards a higher level card to play with, possibly allowing them to achieve a higher ranked level :)

I genuinely appreciate your thoughts, feedback and discourse on the matter!

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What happened with me is that I stopped doing anything with low BCX Cards because I ran out of funds to invest. When I buy Cards it is to improve my near Max Levels. I fear some users may dump what they cannot use/rent sending prices even lower.

The big picture problem we are facing is a lack of players. Until we see mass onboarding back, telling existing investors to rent their Cards can be a way to keep them invested in the game. I have talked to few small investors who liked the idea of earning passive income with NFT. Being more inclusive there could create a stronger price floor. Once the prices start going up, I will be more favorable of a 10X increase in minimum prices.

Thank you for your comments.