58c77012e70ded8fccd42bc5f778adb1206b6db1
This is a proposal to have the DAO begin taking 15,000 (15k) Riftwatchers packs out of the available sale pool every day until the set is sold out. Of those 15k packs, 13,500 (90%) of them would be burned and the remaining 1,500 (10%) would go to the @sps.dao account so that the DAO retains a reserve of packs to be able to sell or use for promotions in the future.
There are currently just under 2M Riftwatchers packs still available for sale, so if this proposal is approved and no more packs were to be sold then the set would be sold out in just about 130 days. In reality - taking into account packs purchased by players - it should sell out sooner than that.
While some people might worry that the DAO is giving up long term revenue by burning inventory in exchange for more short term revenue, I believe that the potential downside will have minimal impact and that the potential upsides far outweigh it. I believe that the downside is minimal because the DAO will sell a new mini set at some point next year after Rebellion is released, and will continue to sell mini sets into the future, so it will always have additional sources of revenue over the long term. Additionally, future sales by the DAO will likely perform better if previous packs and cards are more scarce and more valuable on the secondary markets, which is why I believe it will be better for the DAO over the long term to burn excess supply rather than over-saturate the market.
If this proposal is approved and the packs begin to be regularly taken out of the sale pool then it will force the set to sell out and the remaining airdrops to be triggered within the next few months. This should highly incentivize players to begin purchasing packs at a much faster rate leading up to the airdrops and to the set selling out.
This will, in turn, drive more DEC spending, more revenue to the DAO, and potentially higher secondary market prices for Riftwatchers cards and packs once they are sold out - especially when paired with the upcoming release of card staking on land. The increased DEC spending will also help bring us closer to having SPS start being burned, which would likely be far more beneficial for the DAO (as the largest SPS holder) and all SPS holders than anything else we could do.
This mechanism worked very well for Chaos Legion packs earlier this year, and will likely be built into future pack sales from the beginning. In my opinion there is minimal downside, but significant potential upside, to Splinterlands players and SPS holders from this proposal. I sincerely hope that the SPS token holder community agrees!