Greetings dear friend, I find your approach interesting and innovative, but it does not cease to raise concerns in my person.
The central idea in my opinion, is to achieve a better escalation in the price of Steem, hence it encourages the massive burning, so to generate a real impact must be able to convince much larger projects or communities so that the economic incentive obtained is sufficient to achieve burn a large amount of the token.
On the other hand, and assuming that the initiative will be a success, is there any way to re-invest the capital obtained without the need to generate the burning, but at the same time boost the price of Steem?
Some great points there @madridbg
Let's discuss this topic via Discord :) I'm going to message you right away.
Also check out my reply to @carlos84 (he have similar view to yours): https://steemit.com/hive-175254/@crypto.piotr/rklo26
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit