He is exploring the option of including ETH into payouts , that will drastically increase the APR further according to me.
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He is exploring the option of including ETH into payouts , that will drastically increase the APR further according to me.
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With ETH into payments, do you mean SWAP.ETH?
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I think that is the case.
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Ah yes into SWAP.ETH . One second I will try to grab the screenshot of his reply if possible.
Are you on discord btw?
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That would be an interesting turn of events. I am not sure how much more that would increase the return although I guess it would depend upon how much was generated.
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Maybe adding it enables him to maintain the 100% APR throughout ? It is very hard to pay 100% APR in any project without adding new source of income I guess.
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Certainly I hope the goal is to keep adding new sources of income throughout the year.
Dont get me wrong, adding Ethereum to the mix is terrific. It allows us to become, in effect, partial owners in Ethereum mining.
Not a bad deal at all.
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Exactly that's what I was thinking too but I guess he has to increase the price of the token atleast so that it doesn't become unsustainable for him . 3.5 Hive per UTOPIS is too cheap if you ask me if he continues to pay at this rate.
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Or he could cut off the selling after this round and let the market dictate what the token price is.
I am not sure how much money he is trying to raise. Yet he is getting double, in USD terms, as compared to just 5 weeks ago when he started the idea.
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This is what he posted on discord -
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Someone mentioned that. I think he has some Ethereum miners going.
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Yes he does. If you check out his posts he always mentions it - 1500$ per week or so I guess, not sure
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Will only increase if the price of Ethereum goes up.
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And that's not counting what he's pulling in through DoorDash, the guy knows how to hustle. I'm really rooting for him!
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