Maybe I'm doing the math wrong, but this seems WAY too expensive and includes numerous unfounded assumptions.
Assumption #1. People will value these packs at $5.00 (they can buy them for $2.90 at current SPS price)
Assumption #2. They are likely to sell out (no recent sets have even come close to selling out[not even the last presale sold out with massive bonuses])
Assumption #3. SPS price will rise to 350 SPS = $5.00 (0.0143) (There's little evidence to support this idea unless the team makes these cards OP compared to other modern cards, which would cause other problems like increased cost of entry, purchasing fatigue, etc.)
Assumption #4. This will increase the DAO's assets (The huge 1.2B DEC cost means that if SPS only increases marginally to 0.01 and only half the set sells,(assuming most people logically pay with SPS) the DAO will only receive 1.165B DEC value of SPS for its 1.2B expenditure)
In conclusion, multiple cons including but not limited to:
Card asset inflation.
Higher cost of competitive entry.
Increased complexity discouraging new players.
SPTL team spending valuable production time when so many other things need to be done.
A very shaky risk-to-reward proposition for the DAO.
Easy pump and dump for speculators to take advantage of.
1.2B DEC released back into circulation while the price is already struggling.
All of that for:
Team gets big boost of funding.
DAO takes a gamble to maybe increase it's balances.
SPS price pump.
That's a hard no for me, and it worries me that so many heavy stake holders can't see these issues and are voting in favor. 😥
RE: SPS Governance Proposal - Hire SMC To Create a New Mini-Set