Your UBI is in the form of your token, right?
Really good questions. I guess to be completely honest it's a bit inaccurate to say we're a ubi project. I don't know if you're familar with dan larimer's concept of the uri or universal resource inheritance plan.. where it would use inflation to pay a dividend or basic income to every user. Biticoin MYK tokens and BBD coins are actually financial devices doing something else and using inflation from bitcoin and an attention value economy to pay the dividend.
So where does the demand come from?
Data suggests that the gold economy of about $8-9 trillion dwarfs any currency or payment system. For example mastercard and visa combined as well as paypal barely is worth a trillion dollars. BBD coin pays interest as the first certificate of deposit on hive as well as being a store of value.. programmable money and programmable interest. People want to see a token appreciate in value. that's really what they want. Using deflation against growth enables the token to become valuable. First demand lies in price appreciation.
Second demand compared to bitcoin just performs better transaction wise it's cheaper and faster which kinda makes bitcoin obsolete.
It's the only token in this ecosystem with significant intrinsic value. Each bbd and btcmyk token grants you $2400 worth of attention value promotion. So can act like a marketing/redeemable rewards token independent of value in the trading market.
Who is buying your UBI token and why?
Again UBI token is more of a branding idea besides what actually happens with the token. The ubi portion exist as a subset of bbd and btcmyk tokens and not as a primary focus of attention or value.
An interesting article to quote
No, UBI is not “Communism.” UBI is getting the customer of your currency hooked for life. It’s the ultimate airdrop, and the ultimate form of marketing.
https://medium.com/@fcecin/universal-basic-income-ubi-eos-mass-adoption-16a2eaab989
Asking who is buying the token in crypto as well is probably not as important question as if they are buying it.. It's easy to just look at the blockchain and data on who's bought btcmyk and bbd coin and i can tell you that people have spent thousands upon thousands of dollars on the product and the reasons why could have primarily a wide range similar to the same reason people buy doge coin. i mean i don't really know why they buy it but we have data to support that they do. I can think of many reasons why people buy crypto but it's limited info in this post.. It's like asking why some of you buy hive and why some people like me think it's ridiculous to pay for articles i can get online for free.
Where does the demand come from?
I'll answer the question with a question? is there a demand for basic income or ubi? what is the attention people put forth worth? anything?
At least when it comes to Hive and certain p2e games, there is a closed loop between supply/demand.
I'd argue it's not significant demand and maybe will never be
Stake means you can wield influence within the community.
so bbd coin right now increases your token supply by 10,000% in a year.. which is great degree more than the interest you'd get from staking on any hive application.. 20% on average annually underperforms most crypto projects. Also i don't think yielding influence over other people works as well for growth as you all believe
Stake means you can onboard accounts that you can monetise in other ways.
Data over the 6 plus years dpos has existed with the same community of hive and steem shows their onboarding numbers have decreased not increase.
HIVE will not go to zero because there is demand
if one person is buying no token will go to zero, hive or any other token
Why won't your token go to zero?
Question is pretty much the same as the previous one, i can say this polls suggest 80% of the globe opts for the citizens dividend. I highly doubt that demand will go away. DAta is the oil of teh 21st century and means to every network under metcalfe's law this interest would create value naturally.
i don't think hive could ever have signficiant demand in that the oligarchy that controls hive only allows for a small percentile to make money which doesn't really incentivize masses of people to join. so i don't think the way the system is set up is solvable. Whereas the growth of bbd and btcmyk token is exponential.
there are thousands of videos and sites on btcmyk and bbd coin. There are countless comments on our youtube videos... So i don't really have to give an opinion about this right? Means if you visit any resources on our projects and look into who buys the tokens that should answer many of your questions, to date over 17,000 low level kyc accounts.. almost a million site visits without spending one dollar in marketing.. and about 13,000 hive/steem accounts who are holders..So i think you'd find a great deal of info asking people from hive and the online community why they join us and what do they expect to get from this as they can probably answer the questions with real time data.
RE: What gives play-to-earn game tokens value?