I just added myself as candidate for president in dCity.
Made in Desygner
Hi there and welcome to my blog, my name is Erik Gustafsson and I go by the handle @flaxz.
Vote @flaxz For President In dCity
There is no secret to anyone playing the dCity game that the taxes are at totally ridiculous levels and has been for some time.
At the same time prices of SIM tokens are also dropping, even if they have leveled off a bit lately from news about 3rd generation cards, but that is basically just hype which will only have a short term effect and not something that lasts from ongoing demand of the token.
I also talked a bit about one fundamental flaw that I see in how Hive Rewards are done, where the biggest cities gets rewarded for running negative SIM income, dCity Is Broken On A Fundamental Level - Here Is How To Fix It, this can now be partially addressed with the Luxury Tax, and I will set that to 70% if elected president.
Zero SIM income cities, or as they really are, negative income cities is the biggest leach on SIM price because they do not create any demand for the token.
The only way to grow the game is creating more demand for SIM tokens, that is what will attract new players, which will then transform into an increasing SIM price.
Where the game is right now is that small players have left in droves, medium sized players are waiting on 3rd generation cards, either to see if the game will get healthy or to cash out if it does not, while the big players are squashing the medium and small players for their own short term profit.
All of this hurts the overall userbase and pushes the price of SIM tokens lower, and that downward push on the price gets even stronger by ridiculously high taxes.
The Income Tax, which is not set by the President, is at this moment 67%, and the idea is to lower supply of SIM to increase it's price, but all it has been able to do is lower demand of the SIM token even further.
So there is not a lot I can do to lower taxes to healthy levels if elected President, but if I do get elected I will do what I can, which is.
- Set Luxury Tax to 70% to let more Hive Rewards go to cities that have positive SIM income, and creating more demamd of the token.
- Set all other taxes that the President can set to the lowest setting they can be, to grow the userbase and demand of SIM by making sure that small players actually have a SIM income that is meaningful.
- Should Income Tax go down below 30% then I will declare War.
I do not expect that everyone will agree with me, but I want to at least try and get this game into a healthy state.
Thank You!
Thank you very much for reading this post I hope you liked it, leave your thoughts in the coments below, and ...
Stay Awesome!
Sincerely,
Erik Gustafsson
This is my own personal opinion, do your own research before investing, and seek legal counsel if uncertain.