I am not sure what their thinking was. I was hoping it was going to be a burn mechanism to maybe increase the value of the token, but it sounds like all the TLM used to upgrade and boost land is going into an account. I have heard that the price of TLM is still following WAX really closely. There is a lot of trading volume happening or something. Maybe it won't be as bad as I think. The whole not involving the DAO rubs me the wrong way though.
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What will they do with it if not burn it?
Do they need to ride the whales so badly?
I totally agree about the Dao thing, surely should have a vote.
I am not sure. I just know they have an account set up for it. I don't even know if burning is the answer, but it seems like if they want to boost things it might be a good start. I think their hope is that some of the whales will sell their lands thus expanding the distribution.
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I see what you mean. I guess there is a monopoly right now. Those who bought at the top though will not want to sell I imagine.
No, they are going to be in a world of hurt if they were buying common lands at $10k!
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