Sure you've designed a coin that attracts a high sell price that won't deflate over time but who the hell is going to buy these coins.

The point of crypto currency is to provide a method of payment without the barriers of fiat like high merchant fees. Who would accept payment in switchcoins when they lose 5% on every transaction. That's worse than most banks and Paypal!

At the end of the day if there's no real world use for your coin it will die.

This is just a creative ponzi scheme to give profit to the founders and initial investors with no regard to the buyers that will inevitably be left holding worthless garbage.