and if you take those blurt tokens, all 175 million of them, and you recreate them somewhere else, so they can be USED by someone, then you've just expanded the AVAILABLE number of tokens in circulation by 175 million, which will drive blurt value LOWER
RE: Blurt Community Survey....Is Now The Time to Force the Weak Hands Out?
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Blurt Community Survey....Is Now The Time to Force the Weak Hands Out?
That is true... They must be burned and end of story!
well, in their current state they're basically frozen
but the point of burning the accounts is specifically so those same blurt can be recreated as NEW blurt on the ION blockchain
Well, if there is an air drop, good for us all..?
regardless of how the "new" tokens are distributed, it will increase available supply (aka liquidity)
No, it will be a new token altogether...
a new token pegged to blurt is basically a new blurt token
and if they're not pegged, then why does @megadrive think we need to burn 175 million blurt in order to "free-up" some blurt tokens ?
@logiczombie @outofthematrix the first topic under discussion is the token burn, once that has been successfully executed we can discuss expanding blurt to new blockchain communities, it would be exactly the same as BBLURT currently on BSC, there would be a pBLURT on Polygon and Blurt on Cosmos, maybe with its own sovereign chain or as a CW20 token ontop of JUNO, all will be linked under the Blurt profile on Coingecko.
The latter is another discussion point, the unclaimed exchange account balances can still be burned whether or not we decide to expand to other chains, which will need separate planning and discussion.
As for my opinion. I'm really an expert in travel, finance, and a pretty a good writer and communicator. I never heard of BSC, vaguely heard of polygon and cosmos. Don't know what CW20 token is...ontop of JUNO? Isn't that an email program that was popular like 25 years ago?
So when it comes to this stuff, I tend to follow who I see to be the most educated and knowledgeable, and so far I feel @megadrive has consistently done a great job answering questions demonstrating a deep understanding of the situation....along with @rycharde too on this thread. So instead of be a thorn in their side for reasons I literally can't argue....It makes far more sense to me, to trust in their expertise, know that they are in the positions they are because of this expertise, give them the benefit of the doubt, and lend them my support on the topic knowing that their opinions carry far more validity and confidence than my own......again on this topic.
there is no incentive to burn inactive accounts
UNLESS you plan on recreating those tokens somewhere else