I have not really understood something that I would be grateful if someone can toss in some insight.
The usage of a SRE token is to provide a discount of 75% on the fees paid for the gas usage necessary to create a smart contract in the ethereum network. Please correct me if I am wrong.
The average cost of such a smart contract is about 20 cents, right?
So, how something that I am going to buy for 30 cents that is meant to provide me discount on a cost on average of 20 cents has value? And how can this value increase?
From my point of view the value of the SREs tokens is not correlated with the success of the business model. I do believe that the project has the potential to be a blockbuster, yet I cannot conceive from where the value of the SRE tokens is derived and how it can increase?
Thank you in advance.
While gas is a component of the fee, there are other considerations. The platform provides the services that are needed to make sure all sides are protected, and there are costs associated with them. If it were just the gas fees, then, yes, it wouldn't make much sense. Just like if the gas companies didn't provide the gas stations (yes, they are usually franchised), the transportation of the gas, etc. then our price for gas should be much lower than what we pay.
Hope this helps!