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RE: Gridcoin - How to Generate Value

in #gridcoin7 years ago

Burning coins in return for providing processing power to a project was what I thought of originally, with new coins being minted to reward the crunchers.

I changed that to merely recycling the coins as I thought it may be easier. Either way if we are constantly creating coins we need to constantly create demand.

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Personally I think burning could be helpful. I've expanded upon it in my most recent post. Here's the link. I mentioned your post as inspiration.

https://steemit.com/gricoin/@b-reis/burning-the-value-into-gridcoin

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