To have strong land owner support and activity we need strong prices. Its a false assumption to think cheaper price on land will make more creators enter this field. It will only make people more uninterested and go to another platform that is free. This is Web 3.0 and we are mostly business minded people. If the land price was what it once was, ironically more people will join and praise the platform. Yes some may sell them but most stayed and will stay.
@KCL details will come up in a form of an SIP draft once it’s ready. There won’t be attempts to include clauses that predict any/every market scenario because that will not be exhaustive. Instead we will be adhering with strict parameters such as enforcing both a ceiling price for purchase, as well as an absolute cap on total expenses per month, with excess returning to the ‘LiveOps’ category on a monthly basis.
Hi @green23! Welcome to the DAO. Yes, in other words, LANDs, like most NFTs, are a Veblen good. But just as an understanding, this proposal is to purchase any LANDs at a 1k SAND cap, and not ‘sweep the floor’ until we return to previous price levels.
@DAO Yes I understand 
I want DAO to work in a way that protects landowner and land value. Floor price protection and lowering market supply seemed like a good start. Aligned with my interest.
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