Great, this is how I understood it and so was not sure what the purpose of a new token would be. From what you are saying, it sounds like the purpose would be for funding development. But if the Magi network already has a sustainable model due to fees and is locking up HIVE/HBD, then it would make total sense for the Hive DAO to keep funding Magi development on a long-term basis. If lots is getting locked up, then the Hive DAO gets a positive return on what it invests in Magi. A clear win-win. And finally a meaningful business model that others can follow.

Whereas by creating a new token, it dilutes the value. Instead of having 10-20 projects that use HIVE/HBD for 100% of their needs, thus greatly increasing the use case and demand, it all becomes diluted into 10-20 different tokens, and everyone wants to push investments into their token, so in the end we have a bunch of weak tokens instead of one very strong one. Fundamentally a very bad economy design.