RE: Experimenting with PALnet - A Day Later
Hi again @stortebeker
Another solid read.
As for the PAL coin, it also introduced me to trading on Steem Engine, which is refreshingly simple
We're sharing similar experience :) I also tried Steem-engine for the very first time to purchase some PAL. And I found it to be almost idiot-resistant.
Spending anything on post promotion, be it in PAL, in Steem, or SBD, I still don't think there's a point in it. Though I guess I should wait till the final pay-out before making a judgement on it.
In order for this to have any sense at all, we would need to educate people to visit "promoted" tab in the first place. Which noone ever does. And it's a shame since that could be an awesome way of getting some exposure and keeping price of STEEM up (burned tokens).
Yours
Piotr
Actually, after a few days, it seems like the 5 PAL was a good investment. The first and the third post in my PALnet blog were promoted (with 5 PAL each), the second one wasn't. And the seven days are not past yet. Also, the way it was explained, the PAL I spend on promotion gets burned, which is good for the scarcity of the coin. So yeah, I think I'll keep using it.