You are viewing a single comment's thread from:

RE: The super secret CTP project

in The CTP Swarm4 years ago

hi Achim, its a interesting concept.

How are you going to handle partial hive in respect to the new token?
say, i contributed in September 2.65 hive, will i get 2.65 new token?
How will be buy and sell of new token work on hive-engine, as this new token is only within the community.

I did not get your last point on investment, as the hive in the new account will have to be powered-up to earn, so that is also locked.

I know this questions will be answered as we progress, but i wanted to document it for everyone's benefit.

thanks achim

Sort:  

These are very good questions and I'm happy that you asked them.

How are you going to handle partial hive in respect to the new token?
say, i contributed in September 2.65 hive, will i get 2.65 new token?

The token will have three decimals. So if you you deposit 2.652 hive, you will get 2.652 tokens.

How will be buy and sell of new token work on hive-engine, as this new token is only within the community.

The buying and selling of the token will be open to everybody on hive. The upvotes will be limited to the CTP community only.

I did not get your last point on investment, as the hive in the new account will have to be powered-up to earn, so that is also locked.

Let's say you are an investor. You have 100 Hive. You buy our token with this 100 liquid Hive and the token starts to get value. You then sell the token for 110 Hive for example. You as an investor didn't have to power up your hive in the process.

Hope this makes sense :-)