I like this, as lately I am only interested in deflationary cryptocurrencies:
Blocknet fees are partially analogous to transaction fees in a proof-of-stake currency, where they don't go to miners, but are destroyed and thereby deflate the money supply. This effectively expresses the value of the usage of a currency to holders. In the same way, fees in the Blocknet express the value of the usage of the currency to holders.
However, since PoS interest is 3% per year, it makes the above a lot less attractive to those who do not want to take the time or trouble to setup and maintain a wallet for staking.
For the casual investor that doesn't want to (or can't) stake their tokens, Blocknet will need to bring in more than 3% of its market cap in fees to be deflationary. At the present time, that amounts to $46,399.32 in fees.
Since January of 2009, Bitcoin has only brought in $268,459 in transaction fees total, or about $33,557.38 in fees on average every year. And it has a very large network effect to garner such transaction fees. One could surmise that Blocknet would take longer (possibly much longer) to reach the same amount of transaction fees.
Is cold wallet staking is planned? I don't like cryptocurrencies in which you have to have a hot wallet in order to stake to avoid dilution. I move around a lot, and besides that I currently only have satellite internet, so staking wouldn't be worthwhile because every time it rains the internet goes out. Ideally, Blocknet could gain consensus without inflation with the properly tweaked PoS algorithm, but I understand it is a little late for such talks to be had.
Anyways, good luck. It seems you guys are much closer to a release than Cosmos at least. If I had to choose in between the two, it is a no-brainer for BlockNet... at least until Cosmos can release something themselves and a comparison can be done. This project kind of reminds me of Supernet, but jl7777 seems to have abandoned that project. Such a shame too, because that one had a sweet and similar roadmap.