Tokens should split in order to allow smaller trades

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Tokens should split in order to allow smaller trades

Postby Alayah » Sat Jun 19, 2021 9:40 pm

Everybody wants tokens because they survive the world. Tokens are necessary for dev income, they are not going to disappear even if they are no longer available to buy. Because tokens are valuable smaller trades are disfavourable and prices close to token value are inflated.

If you allow tokens to be split into pieces - for example 100 shards - you make smaller transactions more realistic again. You could combine 100 shards back into a token, much like you would do with a bar of metal. Only if combined it can be used as a subscription.
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Re: Tokens should split in order to allow smaller trades

Postby azrid » Sat Jun 19, 2021 10:05 pm

It has been suggested.
I don't think this one is a good idea. You wouldnt want to encourage everything to be traded for tokens and their pieces only.
It leaves a very bad taste in a lot of peoples mouth.
They should in stead add verification tokens.
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Re: Tokens should split in order to allow smaller trades

Postby SnuggleSnail » Sat Jun 19, 2021 11:01 pm

Tokens pressed into coins so market jewlords can still take their cut?

Making a standardized currency market owners can't take a percentage of seems rly bad for markets, but directly getting 1 token for 90% of a token worth of TokenCoins(tm) would be a huge incentive for people to make competitive markets. Would also probably curb inflation a lot, which IMO gets pretty bad (a year in a gold bar is worth ~1/15 to 1/20th what it's worth 4 months in)

This seems like a rly good way to encourage competitive/W10 CF tier markets, which are the best thing to ever happen to the game IMO. Probably still an easier way for the lowest common denominator to move bulk goods around, though.

Don't know shit about economics, but it seems like a rly good idea
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