Rising Star Game - What will happen when all Starbits Millionaire Cards are issued?

over 2 years ago (Edited)

Bitcoin Mining and Halving

As we know that Bitcoin generates as the result of mining process.Total supply of Bitcoin is 21 Million.Bitcoin is mined in the form of Blocks.In 2009, mining one block was yielding 50 Bitcoins .Means there were 50 bitcoins per block in 2009 while It has been so complex now.Currently one block is yielding 6.25 Btc and on average 144 blocks are mined per day. To control bitcoin production rate, halving is done approximately 4 years later.Halving process is defined in the number of blocks. Once 210000 Block of bitcoins are mined,halving takes place and currently these 210000 blocks are taking approximately 4 years in mining.This process will go on untill the reward per block becomes zero and this will happen approximately in the year 2140.
Means halving process cuts the reward per block in half after every 210000 blocks. The purpose of halving is to control inflation rate of Bitcoin also
Last halving of Btc was occured on 11 May,2020 and this will end when the last bitcoin is mined.

All of statistical data is taken from google. I have described it in my own words as facts and figures are universal truth and can be shared by anyone for knowledge sharing.

Now Come to The Rising Star Game

Current active users of Rising Star Game is 1918.Total supply of Starbits which is the native token of rising star game is one Trillion ( 1,000,000,000,000 ) which is very big figure. There are two main streams of Starbits mining.

Standard Missions.

Players get Starbits after the completion of each standard mission. How much Starbits one player will get depends upon number of fans. More fans means more Starbits. Now out of 1918 players everyone is mining as per his/her stats of fans and ego. There are some players who get hundred of thousands Starbits from Illegal Busking mission.

Starbits Millionaire Mission

Beside Standard mission there is a special mission named Starbits Millionaire Mission which generates 10000 starbits once a day to those who are holding Starbits Millionaire Card. Currently there are 25 Starbits Millionaire Cards holder which means only from Starbits Millionaire Mission 250000 starbits are mining(2510000 =250000 ) on daily basis* and 7500000 Starbits on monthly basis.

Total supply of Starbits Millionaire Card is 9999999.Lets suppose all cards are issued then total daily Starbits mining from only Starbits millionaire Card will be

9999999x10000 = 99,999,990,000

while totaly supply is

1,000,000,000,000.

Before reaching this level already millions of starbits had been mined both from Standard missions and Starbits Millionaire mission.

I am confuse here

I am totally confuse here what will happen when

all Starbits Millionaire Cards will have been issued.

Active player of Rising Star players will be in hundred of thousand.

Is there any Inflation control program like we see in case of Bitcoin?

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6 comments

@hivebuzz 74

over 2 years ago

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@foxon 61

over 2 years ago

Some of the "max supply" numbers you're using are not max supply numbers, but the bounds of what the system can show for "unlimited supply"

In the case that STARBITS actually reached their supply number, a 2nd token would be created to continue inflation - or maybe some other solution

If inflation is outpacing demand, then STARBITS price decreases and it becomes the cheapest option for buying packs - buying packs "burns" STARBITS, thus reducing the effective supply. STARBITS are also burned to mine STARPRO and produce albums

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