The project leaves crypto as speculation and enters the real economy at the service of every citizen of the world. The @crypto-defender account is a mutual fund for the defense of victims of crypto crime. The aim is to allow victims to hire professionals for free (lawyers, investigators...) and thus increase the security and reputation of the crypto world.
It does not mean that every victim will automatically get money to defend themselves, but rather the DAO will decide who to finance.
Please read the white paper to know the details about crypto crime and the idea of ServiceToEarn (paragraphs 1 and 2).
Rules for getting voted
The @cryptodefender account will upvote each post with the #cryptodefender tag that meets the following characteristics:
- minimum 250 words and at least one image
- monolingual
- must talk about any topic related to crypto crime or defense against crypto crime
- the creator of the post has delegated at least 100 Hives to the @crypto-defender account
- rewards are set 50% Hive and 50% HBD
Particular attention must be paid to this last rule because the fund will spend HBD while the 50% of Hive earned will increase voting power and make those who continue to support the fund earn more and more.
Anyone who posts a copied or duplicated post will lose their vote for a month. In case of repetition you will lose your vote for one year.
Airdrop
There will be airdrops of 2 different tokens, both lasting 49 weeks.
20000 VDO tokens will be distributed weekly among all those who delegate at least 10000 Hive for 7 consecutive days, proportionally to the delegation performed.
2 HBDSHARES tokens will be distributed weekly among all those who delegate at least 1000 Hive for 7 consecutive days, proportionally to the delegation performed.
Whoever delegates at least 10000 Hive will participate in the airdrop of the VDO token and also that of the HBDSHARES token with a score of 1% of the delegated Hive (example: delegating 20000 Hives gets VDO for a score of 20000 plus HDBSHARES for a score of 200).
2% of both tokens have already been awarded to project creator @mchero as reimbursement for creating the account and tokens.
Profits
Anyone who holds the HBDSHARES token or the VDO token gets a percentage of the HBD earned monthly through interest. The interest earned is cumulative if you hold both tokens.
Each month all HBD earned will be distributed in the following way:
- 20% payment to fund workers except the DAO
- 40% VDO token holders
- 40% HBDSHARES token holders
The DAO can remove or add profits to the fund.
Please read the white paper to know the details about all profits and DAO (paragraphs 1 and 2).
Dev required
Are you a dev proficient in Hive Blockchain? Join our Discord, there is a need to implement all the rules described in the previous paragraphs. After the start of the airdrops, other professionals paid in HBD will be required.
Congratulations @crypto-defender! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 100 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
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