Coins are burned as people redeem for membership (1000), which will cost $50,000 equivalent in fiat at end of year, and $100,000 the next year.
Seems like a lot, but similar membership societies price out at $500,000 and up to $15 million.
![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
So two things are set to happen to this token: 1) priced against a real-world value (equiv is $50 each token) and 2) tokens are burned when people redeem them for membership.
In theory you can redeem your tokens right away after token sale, then sell the membership token at the fiat price in the future. OR hold the tokens until there are only a few left, and offer a discount on the membership by way of a slightly lower priced token.
But why would anyone swap for membership? Because membership has revenue share on society projects and a bunch of other privileges, notably, sex parties (!).
j/k about sex parties, but you never know.