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RE: Re: Taskmaster: Steem could use a search engine
Slapping steem engine tokens on everything is bad. Tokens must have a very strong use case to justify creating one.
A search engine on a blockchain is a good idea don't waste it by requiring the integration of tokens. If you send tokens to everyone and all they will do is sell. The token will be worthless and no one will use the search engine even though it is useful.
Value is not derived by the buying and selling...that is how price is established. They go through cycles and might (or might not) reflect value.
Tokens need no use for creating them. The use case is what builds value in that it attracts users. You drop 2 billion tokens on people for a search engine...they will have value if 3 billion people use it. If only 40K, it matters none if you dropped 5 million, they arent going to have much value.
Many view increasing supply as a bad thing. In the world of crypto, it is an incentive for people to use the platform and create more value. This is a new concept to all of us.
But you have a point about the success rate of tokens...there will be a lot of projects that end up as nothing. Just the nature of technology...we are going to see a lot of experiments.
You need faucets and sinks. As long as there's a good sink there's value.
Yeah I agree.