I recently concluded a silver/gold raffle where everyone could buy tickets for 4 HIVE each. The winners have chosen their prizes, and those will be shipped off. I'm surprised nobody has asked what I plan to do with all of the HIVE, but maybe that's just out of respect for a person's privacy. I don't mind sharing at all, since it's part of the next step in creating my own Hive-Engine token and community.
(Created with Bing)
My plan is to first create a new Hive-Engine token that people can stake to earn liquid HIVE. People can either buy the tokens or they can delegate to my curation account, @nectarbytes, and receive the token in exchange for their delegation. The ultimate goal is to take all HIVE from the sales and power it up, and use this and any other incoming delegations to curate the new community I plan to build.
It'd be foolish of me to bank on my reputation in hopes of gaining lots of sales and delegations. I'm somewhat known in some circles, but as a whole I'm relatively unknown. So to add a little encouragement, I thought it would be prudent to build up a treasury I can draw from to start paying dividends immediately, even if the curation rewards take a little bit of time to build. This also lets me delay powering anything down until the treasury funds are exhausted, which gives the HP even more time to compound. It's not a huge amount, but I think it's a respectable start for a small project.
I'm still working on the whitepaper, but I hope to release it here in another few weeks. This has been a bit of a slow progression, but I believe in taking my time to do things systematically. Errors may happen, but at least it won't be due to rushing to put something out before it's ready. I'm excited for this next step. It's going to be fun!
Buy DUO and stake to receive Hive dividends, tip others, have your posts curated, and grow Hive!
https://tribaldex.com/trade/DUO
https://hive-engine.com/trade/DUO
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