Message from @okay
Discord ID: 296436916319158282
XD
lurk moar
So If a buy 1000 plots with 1000 coins
My investment will slightly increase as more people buy more land
And then at a point I sell my land
at the beggining we will only release 2.95% of the total coins
and sold them for 5,900,000 usd
sell
Need help at border
with that amount we will be able to buy the land, so all coins (not only the 2.95% but the 100% ) are now backed
those 2.95% of the coins now are traded in the exchanges
and as we complete milestones, our land will be more valuable, therefore the coins
More valuable
Just think about Manhattan ok?
IT was bought for 10 usd
do you see the potential?
😄
Ye
so the currency is destroyed after it's used?
yes, since the land is claimed
not many people would be willing to spend
they might hoard their currency waiting for a price increase
you mean to actually move to The Memetic Principality of kek?
yes, i know
That's what happened with bitcoin, but at one point,, when there is no more demand to buy coins, the price will stop soaring
that's a normal price discovery process
and that's why the very same coins that you buy on day one, will fund your project in the future
interesting
I think it would be nicer
The idea was already tested in Germany 1923
it worked
To make Coins a little bit less
Like .1 coin = 1.876$
Like bitcoin
That's the starting price
1 coin = $1..87 = one square meter of land
I'm saying 100,000 coins
Is easier to manage than 1,000,000
the land has a size, we have to back every coin with 1 square meter of land
that's what gives value to the coins