Apologize - I am usually finding information from different sources. OK, here it is, so I have a bit more educated next question below:
"The Token
MSP will be built on the Ethereum platform as an ERC20 token. There will
be a total supply of 200,000,000 MSP.
MSP serves as a core part of Mothership, and is required for:
-
Access to Premium and Platinum account tiers
-
The Mothership app platform layer
-
Community curation and insight rewards
-
Access to Mothership beta products
-
Mothership reputation management
In addition, Mothership will repurchase MSP on the free market using
20% of fees from Mothership products. The repurchased MSP will be
permanently destroyed. We will do so until 50% of the supply is
destroyed."
Very interesting model - have you had any thoughts, how this affects to the price of the MSP-token, if platform starts to create revenue? It should increase the value, but it is a bit tricky to predict. Price can go to very low even MSP-tokens are repurchased - or if nobody is willing to sell the price will go to infinity.
"The Token
MSP will be built on the Ethereum platform as an ERC20 token. There will
be a total supply of 200,000,000 MSP.
MSP serves as a core part of Mothership, and is required for:
-
Access to Premium and Platinum account tiers
-
The Mothership app platform layer
-
Community curation and insight rewards
-
Access to Mothership beta products
-
Mothership reputation management
In addition, Mothership will repurchase MSP on the free market using
20% of fees from Mothership products. The repurchased MSP will be
permanently destroyed. We will do so until 50% of the supply is
destroyed."
Very interesting model - have you had any thoughts, how this affects to the price of the MSP-token, if platform starts to create revenue? It should increase the value, but it is a bit tricky to predict. Price can go to very low even MSP-tokens are repurchased - or if nobody is willing to sell the price will go to infinity.