Seems obvious, but its smart Selling miners is a recognition of a few things: 1. Fully diluted tokens on day 1 won't work for games. Like most economics in the real world, you need emissions to fuel growth and promote some price stability. Highly volatile game tokens, while desirable for traders, are not healthy for your in-game economy and will largely go to zero before you get momentum in the game. 2. But traders want to trade. So move the speculation to a mining asset that trades as an ETF of future token emissions so the volatility moves to the miner NFT, not to the token. Traders get to do their thing, but in the right place in the design. 3. The mindset of a miner aligns for the long term but allows flippers to flip. I can make money off the miner passively by staking it. But I can sell it at any time if I want to exit. Ultimately, my ability to exit is tied to the long term value of the token economy and speculation around its future, not present value. It forces the flippers into a model where their short-term trades are being valued by the market based on long-term potential. And I have to unstake to sell, so I lose out on mining earnings if I list it - pressure to stay staked. 4. It helps projects bridge from the kickstarter phase and gradually launch the token as the game grows. This is the reason game token launches have failed. The token needs a way to grow with the game without borking the game economy. But you also need a way to bring in funding upfront to finance development. This does both. Investors can buy the miners, those funds can finance the game, and the miner holders can choose to either earn from emissions over time or flip.
Turning Bigcoin miners into NFTs is such a Chad move from @bigcoinmining. If you want to exit, you must unstake your miner first—so you’re no longer mining and dumping $BIG. It’s brilliant because it removes sell pressure even before miners are actually sold. Perfect alignment for long-term believers. BIG.
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