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RE: Let's use STEEM and consume it, in our new Steemit SHOP!

in #steem8 years ago (edited)

I've never played Tribal Wars, but from people I know who do, it's an all-time best favourite.

Any idea to help burn steem has my vote. :) The 50/50 lottery idea works well with minnows. The problem is that it would have to be the same amount of steem to buy in..

I think 1 STEEM is fair as a lottery ticket. You get 2500 users participating in the 50/50 draw that 24 hour period, that's still 1,250 STEEM = 250 STEEM for 5 winners. Not bad, for a 250% payout, based on a 1 STEEM gamble. At the same time, 1,250 STEEM could be burned (the other half), which means that's 1,250 STEEM that won't be dumped on the market.

In a month, the 50/50 lottery draw would stop 37,500 steem from getting dumped every 30 days. Not bad.

Now of course, we could simple change the reward system, so we don't have to have these creative ways of burning steem. But what it does, is create user interaction with the site. It creates more user engagement. More interesting things to strive for, and less worried about how much you are getting paid for your posts as the only thing to do around here. Cultivating your user account.. becomes a sandbox concept, which makes it a little more fun too.

This way we don't all look the same, and our personality traits could come out in our user accounts.

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