Post
Topic
Board Tokens (Altcoins)
Re: [ANN][MSP] Mothership - EU Exchange & Token Market
by
chinchs
on 21/11/2017, 21:40:14 UTC
From my point of view, this is the list of things that will make MSP a successful company:

*  Public team, no anon devs.
*  Estonia is going forward with digital currencies and MSP is looking to become a financial institution (I think this with the exchange will be the biggest milestone)
*  The buy back will put some buy pressure (not much at the beginning, but it will be positive)
*  Selected ICO's can comply with the law with a low cost
*  Governance model already tested and working

What can be better is the communication, like public announcements and PR (even if there is nothing to announce, it would be good to run a few contest like the logo, that was good and cheap ~$50). Discord is kind of dead, new ppl are joining, there is almost no activity on the channels

Hope this help you decide.
 
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. Smiley