Will the access to certain services or goods show if user saves enough tokens? I think it can slow down the circulation of the tokens and increase its value, or maybe I am not right?
We understand that the primary concern of ecosystem participants is a stable rate of Play tokens. Many of them operate in real sectors of the economy and pay in conventional currencies. For the purpose of ensuring initial stability of the Play token rate, we have allocated a budget to be spent on support of Service Providers who provide services at a fixed rate. By pegging the rate of a Play token to the cost of real economy services we will protect it against any slumps.
Stable growth of the Play token rate will be driven by two factors:
- Demand for Play tokens for conversion to PlayPower in order to enhance own influence and
competitive capacity in the ecosystem.
- External demand for tokens from Advertisers who otherwise are unable to pay Consumers for ads.
PlayPower in LetItPlay is similar to SteemPower in the Steem blockchain. PlayPower is also a stake (Stake in blockchain with Delegated Proof of Stake consensus algorithm). But application logic associated with PlayPower differs from SteemPower. PlayPower is used to determine influence of ecosystem participants. Each user category of the LetItPlay ecosystem may use PlayPower for different purposes.
not the exact exchange names but still
