I was talking about my family and friends as far as investing only. For sure the tech is amazing. I was a programmer for over 20 years so I can appreciate the tech.
I ask my brother to buy 50k of ICP and lock it for 8 years. He would receive zero rewards or anything. He said no. Can you help me to convince him? I am kidding for fun of course. LOL.
You told me it was fair for seed investors because they were early and we need to respect that. OK, agree
I bought ICP during 2021 with the promise of 20-25% rewards. I am at big lost, while financing lots of dev for a year. How is this fair, like for the seed, to remove my rewards and do anything to the seeds? I was very early too? I bought some at 300$ on June 2021. That show you how strong was my belief and my support to IC. Why only us, the early retail at lost would have to take all the lost and the punishment?
I think we need to be creative and burn ICP, not being punitive.
Taking 25% of a market place transaction fee (not on the nft price itself) can be very beneficial for everyone if the ICP price goes up by 50%. So no one loose anything, neither the dev, neither investors.
If nobody never pay anything, this protocol, as good as it can be, will die. No business or organization can survive with no fee, no income. ETH has huge fees and is a success.
The one that are making money with the network should pay. As first and as an example, these marketplace are they only one making money right now on their fees. I do not think scooping a small cut on their profit would kill the dev.
If IC is used only because it is free, we have a bigger problem, much bigger.
If new investors do not come in because they have no incentive at all. No more locking in the NNS. Everyone want to sell because of all this… For sure the ICP price will keep going down, and fast too. Who will finance the DEV then?
What would be the plan B if that does not work and make the situation much worst?
Can we take that chance?