normally we burn 50% of our incomes in BCY, even if a part of this revenue was received in, for example, BTC. Since we can sold these coins to generate profit, we calculate the value in BCY of the income received in BTC, and we burn this amount of BCY.
For the tokens you mentioned, the situation is different. We can't resell these tokens, their value is only promotional. We decided to burn them to show clearly we don't want to "hide" them and eventually make profit. Since they have no real value, we don't burn BCY for them.
For the tokens you mentioned, the situation is different. We can't resell these tokens, their value is only promotional. We decided to burn them to show clearly we don't want to "hide" them and eventually make profit. Since they have no real value, we don't burn BCY for them.
Whoever decided this acted quite self destructing. There is nothing that have zero value. Those tookens could just sit there.
I bought 9 of those cards and paid 1080 BitCrystals for them. But someone else could bough them with a so called promotional tookens?
There is nothing that have zero value. There are tokens with low value. So when you set cards on sale for those tokens keep that in mind and set the right price. If one tooken is 1000 times cheaper then Bicrystal you cant sell card only 10 times cheaper in Bitcrystals.
These were promotional partnership made with Japanese companies and community members. The value of this for SoG is promotion in another country.
The tokens have no resell value hence why there is no point to convert them to BCY and burn half of that.
However what this can do is promote SoG further in Japan which in turn attracts more attention to the game.
Don't forget that the biggest market for Moonga was Japan so I guess the team should do even more of these partnerships.
The cards that were sold for third party tokens are unlocked cards so their value is not the same as a rare card.
And I think what was sold for BCY got burned as it was supposed to.
I think sometimes we should give the team a break, they are one of the most transparent crypto projects I have seen.
