I was wondering how much potential deflationary pressure will be added to ADA simply by way of use-cases?
For instance, I invest in NFT’s and each one of those tokens effectively ties up between 1.4 and 1.8 ADA per token. Does anyone know if this is what is actually tied to the token or does it simply arrive with the token?
I guess what this post is trying to explore is that in the event that millions or billions of people use Cardano - how much of a deflationary pressure will be exerted on the blockchain simply through use-cases like identity, NFTs, asset allocation and so on.
I think it is a really exciting topic in terms of growth, but I also think that it is a critical conversation in terms of planning for future iterations of the Cardano blockchain and the user interfaces.