Burning tokens doesn't guarantee the value to go up, that's for sure, supply can be of one token but if it has no real value I don't see its valuation can go up (like the Aurora token, it's worth nothing despite the supply)
Yes of course it doesn't guarantee anything. If project is bad you can burn %99.99 of the tokens but rest won't worth anything.
But if a project good burning can help a lot. But i can understand the worry causing with the securities.
Yea there are other ways to reward holders, and that are much more fun and legal. But the fact is the community can't expect a reward without doing something. Doesn't mean you can't reward your community ever.
Burning tokens isn't the way to go eventually we also need the tokens
Try running many use-cases with 1m tokens, can be done but micro transactions will be like bitcoin at this stage 0,0001342 token for a normal transaction.
Location will probably play a big part in the virtual metaverse, thats also the reason why we give first the ico participants their land. This way they get rewarded for their support.
Well yea but not many 3D worlds will exist with support of the blockchain this will give us a big advantage if you ask us. There is always competition if there is not than probably its not
that great idea or you are really the first one creating it.
If location is that important, then is there a danger that regulators could consider that as profit created by efforts of your company because you created a virtual landscape that favors one plot of virtual land over another?
No this is 100% a utility token that you can sell without beeing a security. eventually when something is on the market it will always set a own value but that value is in $CYBR that is also not a security token.
The virtual land is only valuable to be used on the platform, its part of the platform that will create the virtual land.
Article about Virtual land in the cosmos with added information is done and is now for the final checks hope to release it tomorrow!
