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RE: An Appeal To EOS Block Producers. (and the wider community)
I don't think fixing the price makes much sense. I like the idea of an auction, but why not auction about 30 names at a time? One name at a time just makes no sense . That will take forever.
But the process of an auction doesn't align with decentralization. ESPECIALLY tokenized decentralization. What it does is it gives an unfair advantage based on a hierarchy i.e something that people want decentralization to replace. People have had enough of opportunity and power only being available for a few. Whether you agree or not, an auction creates this hierarchy.
This is why I proposed an open market and a set price. This is by far the ONLY fair way in a decentralized system because everyone has an equal opportunity. This is incredibly important for EOS which is hoping to make the internet a better place but this will not happen if EOS just continues the status quo.
Maybe not for a while but people will eventually realise this and it will fail to achieve what it hoped to simply because it's not an equal playng field.
In our current world an auction is seen as fair because it's all about gaining the most money for a seller. It's a convienent way to test a market and get the market price.
However, when it comes to EOS, it should not be about making the most money. Money is not the motivation of EOS, it is supposed to be promoting an ideology which is fair.
The BP's of EOS have done a fantastic job so far but I'm afraid to say they have made a mistake with this auction by not considering the wider implications.
You say you like the idea of an auction but It should be totally irrelevant of preference. It's not about what we like. A decentralized system is supposed to be followed at all times otherwise the decentralization has no integrity - instead it's a system to serve the wealthy and powerful few which goes against the whole ideology of EOS.
I can't stress how important this is. It could quite literally make or break EOS even if we can't see it yet because your either decentralized or your not. Theres no middle ground.