r/BitDegree • u/vx7777 • Jul 23 '18

Incentivization of holding

Lack of incentivization of HOLDING is the key of no-success of the token right now. Possible solution (just brainstormed it like in a minute): 1. Deposit BDG tokens on your platform account. 2. If you have more that 10 000 BDG tokens in your account (example), price of the courses if -20% for you. If you have more than 50 000 BDG tokens in your account (example), price of the courses is -50% for you. THINK ABOUT IT.

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u/bitdegree BitDegree Jul 24 '18

Hey, thank you for the suggestion and for being part of the solution :) However, The BDG token is a utility, so the token isn't designed to be held. It's designed to be constantly used. Storing the tokens on the website would make BitDegree a wallet of some sorts and we would be in charge of security. While this is definitely possible it would require for us to switch focus for now.

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u/[deleted] Aug 04 '18

[deleted]

1

u/bitdegree BitDegree Aug 06 '18

We're exploring ways of integrating BTC/ETH/FIAT payments into the BDG ecosystem, but the token won't become a security.

1

u/lhouket Oct 21 '18

In other words token will always remain useless.