I have moved away from Record Staking and focused on Music Promoter for several months. During the process, I have contributed to keeping STARBITS emissions low. There is still a considerable amount of inflation on the Token. At least I can say that I am contributing less to it. We have seen some turbulent times in cryptosphere mainly arising out of TradFi components that are associated with cryptosphere. I have seen nothing that would damage my view on cryptocurrency itself. It's not like a blockchain (or any other prominent DLT) was attacked and brought down. We only had an issue of ignorant masses who deluded themselves to be cryptocurrency owners when they didn't own the keys.

Music Promoter Bids Are Twice As Expensive

I have seen Music Promoter Bids reach 250 STARBITS per Mission. Then they eventually fell below 50 STARBITS per Mission. It seems we are past those days (at least temporally) and more demand is coming for minting STARPRO. 20,810,029 STARBITS must be burned in order for 100% of STARPRO minting to happen. Total STARPRO emissions are 100 per day through Music Promoter. I don't remember seeing that happen since I started playing Music Promoter.

Market History

One thing to notice among historical trends is that STARPRO prices have been far more stable against HIVE when compared to STARBITS. The inflation of these Tokens should have a heavy influence of such price action. As long as you have overall faith in HIVE (especially at these beaten down prices which seems like the new 11 cents for HIVE) you can be mostly content and feeling safe at having STARPRO as a part of your portfolio.

STARBITS Performance

STARPRO Performance

Support Proposal 226

If you would like to see faster development of the game bring more value to HIVE, consider supporting this Proposal. I think it is worth the 214 HBD payout. Gaming is one of the best ways to onboard users to blockchain and retain those users. If you have never played @risingstargame, you can get started here.

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