Made in Desygner
This Is Awesome
The goal of this project is to grow the Hive ecosystem by rewarding awesome content, and we do that by following curation trails that curates good content, much of it manually, and in the following categories.
- The #IAmAliveChallenge
- The #LukeIsAlive contest
- The CTPtalk tribe
- The Actifit Dapp
- The #Freewrite project
The Action Plan To Tokenize Our Hive Power
The time has now come to put into action our plan to tokenize the Hive Power on our account, which we first talked about here, This Is Awesome - The Plan Ahead.
After asking a few questions and also had a consultation with @achim03 who is running the CTPSB project, the best way forward for us is to not use a Market Maker bot, which we talked about before.
To start with it is very expensive, and secondly we will most likely just need to adjust things quite slowly after the initial surge for the tokens, like adjusting the buy and sell orders once every second day or so.
That means that the only thing we need to buy is the token itself, and unless someone snatches it before we have the funding in place then the name of the token will be AWESOME.
To buy a token on Hive-engine costs 100 BEE, and to get that we will use our Hive and HBD earnings, plus our Hive Power power down over the coming 3 weeks to get those funds in place.
We currently have 4 weeks left on the power down period that is running right now, including the power down payout that happens tommorrow.
And tommorrow we will do the payouts to delegators as usual, including the regular Hive payout, but the week after that we will no longer do a payout in Hive, only in CTP and ALIVE tokens.
Once we have the new token in place we will start with airdropping it to our delegators, and it will be based on the average weekly delegations that they have for the 3 weeks which our funding takes place, and the number of tokens will be equal to our Hive Power at the moment of the airdrop.
After that we will start selling the token on the market, and all Hive that we get from that will be powered up to Hive Power, and as our Hive Power grows the sales price will be adjusted upwards so that all tokens that have been sold also equals the whole value of our Hive Power, including what Hive we need to buy back tokens on the market.
The token will be owned by @thisisawesome, but the buy and sell orders to emit the token will be placed on @awesomecuration, this is to not mix things up on Hive-engine.
Our Hive Power will then grow from new token sales, from curation rewards and from Hive Power payouts of author rewards, and as we have talked about before this strategy will provide quite a bit of leverage for growth.
So this is the action plan to tokenize our Hive Power, and we will also mention all current delegators so that they can decide if they want in on this or not.
@torrey.blog
@flaxz
@ph1102
@alokkumar121
@pixiepost
@tristancarax
@thatcryptodave
@reeta0119
@paulcaraway
@certain
@elianaicgomes
@iamraincrystal
@cccf
@fiberfrau
@guurry123
@cliffagreen
@jeanlucsr
@mariannewest
@gadrian-sp
@justclickindiva
@imfarhad
@invest4free
@athomewithcraig
@quinnertronics
@regenerette
@jacoalberts
@arena10
@johnsdowie
@adysscheryl
White Paper
As soon as we can we will also write down all of this in a white paper and publish it for everyone to see and read.
Thank You!
Thank you very much for reading this post, leave your thoughts in the comments below, and ...
Stay Awesome!
Sincerely,
This Is Awesome
Join us on Discord: https://discord.gg/SthJJDZ
sounds good. go for it.
Thanks for your support Alok, and stay awesome.
Awesome . I want in
That is great to hear @alente, you join by delegating Hive Power, minimum is 1 HP.
@thisisawesome Ok . So do I wait for the new token to come out?
If you want in on the airdrop then the sooner the better.
Sorry this is probably a dumb question because I am so new.
Who do I delegate the Hive power to?
To @thisisawesome, and easiest way is using PeakD.
Thank you. I will delegate what I can
I’m good with this plan. Ready to stack some CTP and ALIVE tokens!
That is great to hear, thanks for your awesome support.
Thank you @thisisawesome, for using the CO2 Compensation Coin (COCO / SWAP.COCO) on Steem-Engine or on Hive-Engine to reduce your CO2 footprint. You want to join? Buy some COCO / SWAP.COCO and transfer them to CO2Fund's account @co2fund.
I have some of those coins. Where is my badge, please?
You need to burn them too, instructions in their comment.
Thank you.
I like the idea, how can I join the project?
Great to hear Marcos, you join by delegating Hive Power, minimum is 1 HP.
Yes, good idea. Ok
Thanks a lot for your support @arena10, and stay awesome.
This sounds great and very promising. You've got my support!
Thank you very much Jaco, that is great to hear, stay awesome.
it great. I don't mind at all. tho I like to do when a week up is with Alive stake.tokens and time. like sunday-staurday??? then I know when to have to do them :)
Thanks a lot Cheryl, and if you are asking about the ALIVE staking contest then that is taking place every Thursday so stake your ALIVE before that.
Yes I am . That helps alot . So I should stake by Tuesday night since am probably 10 hours back in time zone
You got it Cheryl, happy staking.
I support you with everything I do because you are one of the projects I trust on the long term. Just tell me if there's anything else I need to do.
Great to hear Alina, and thanks for your awesome support.
If there's anything else I could help with, just point me in that direction. You know I am not that savvyyy ;)
Just make sure to stay awesome.
I am taking care of some extra stuff now, but once I will be back in 1 month and so, I'll be shining!
Have a wonderful night!
Great to hear and enjoy your day.
Thank you. You too!
I'm liking the sound of this! I've been delegating to you for quite some time now, but I will be increasing it now that I'm hearing about this development. I honestly wasn't aware of it (so sorry) so it's a pleasant surprise. (Side note: $AWESOME is a pretty sick token name.) Thanks for the heads up! :)
Thanks Dave, and for your increased delegation, and yes that is a great token name, I wonder if it will give us some extra push.
Yes @thisisawesome I want in on the Token for this project.
Great to hear Chris, you are in with your delegation, and the airdrop will send you tokens in accordance with that, stay awesome.
OK. Great to hear. I've increased my delegation so you can do even more good works. Take care.
Thank you very much Chris, and stay awesome.
!ALIVE
You Are Alive and have been rewarded with 0.1 ALIVE tokens from the We Are Alive Tribe, and it's paid for by the earnings on @alive.chat, swing by our daily chat any time you want.
YES! I want in. Tell me how I can help.
Great to hear Craig, you are already in with your delegation, if you want a bigger share of the airdrop you can always increase it, stay awesome.
I bumped it from 50 to about 100
!BBH
Thank you very much.
Because this is such an awesome post, here is a BBH Tip for you.
. Keep up the fantastic work