STARPRO Burn

8Vo4K1625821832.png

As announced previously we will burn any STARPRO that is used for paying runners in game.
We may also decide to do other ad-hoc burns to help reduce the supply.

183.57 STARPRO was used in the last month and has been burned by sending them to @null.

Screenshot 2021-07-09 at 09.29.09.png

120 STARPRO are released every day. 100 go in to the Promoter pool and 20 are sold by us on the market.

Screenshot 2021-07-09 at 09.44.12.png


The NFT based music career game built on HIVE



0
0
0.000
29 comments
avatar

burn baby burn!

0
0
0.000
avatar

untitled.gif

0
0
0.000
avatar

At the current prices for StarPro, I no longer see any incentive to even bother with game content that is dependent on owning StarPro. In any case, I will not play the World Festival Tour under the given conditions.


Posted via MusicForLife.io

0
0
0.000
avatar

please remember that the current prices for StarPro are dependent upon the amount produced in the game, so if you don't spend your StarPro but are selling it, you make it for free (bigger prices for other goodies) but if you only get enough to use in the game then look at the benefits versus the detriments of a cost analysis. you make StarPro from the Starbits you generate in the game and you use the StarPro to enhance your experience in the game buy performing missions faster, or receiving cards in the game that expand your ability to earn more Starbits.

So by not using StarPro in the game you are deciding to handicap you own enjoyment and limit the rewards that you can gain.

0
0
0.000
avatar

The current prices for StarPro are the result of a hostile takeover by an investor named wagginston.

I know it, everyone else knows it, and you (currently 71st in the player rankings) should know it too.

I have made my position clear and will not change it.

0
0
0.000
avatar

I'm confused. Will someone please explain to me why people are always burning money?

0
0
0.000
avatar

To reduce the supply. It is the exact opposite of dollars for example where they just keep printing more (inflation) which is why the price of things you buy keeps going up over time.
The price of any asset is usually determined by supply and demand. The lower the supply the less there is to go around so it should increase in value as long as there is the same or increasing demand for it.

Bitcoin for example halves the number of Bitcoin that can be mined per block every 4 years and as there is a fixed supply of 21 million this means that the price should increase as there is less going on the market from miners. Also people lose access to their wallets so the actual supply is always decreasing (deflation).

0
0
0.000
avatar

Do you do the same with the Starbits ?

0
0
0.000
avatar

No because they more of a utility token for the game and have an unlimited supply so there wouldn't be any point.

0
0
0.000
avatar

Meoooww, the token will become more valuable, or will have a higher price...

0
0
0.000
avatar

No idea what that means. really do have any of that

0
0
0.000
avatar
Connect

Trade


@risingstargame! This post has been manually curated by the $PIZZA Token team!

Learn more about $PIZZA Token at hive.pizza. Enjoy a slice of $PIZZA on us!

0
0
0.000