Everything the @brofund holds, collects, takes value from, is yours too. If you own a BRO coin then you own a part of the @brofund.
Ray bro, with the utmost respect and appreciation for the project, we don't actually own anything unless you decentralize and create a DAO utilizing smart contracts, which I would totally suggest you look into. Until you remit control of the wallets holding the assets these assets are owned by you and only you.
Yup. This is realistically what it is. All I was saying is that once the project ends then the wealth will be divided up amongst owners/holders, and I guess, for now, you'll have to take my word for that.
I've been looking into a solution for this for months now. I'm waiting to see what Leo does with their governance et al, and if it looks good then I will look at following suit. The main reason being is that I do not want to be holding the owner's chair when the powers that be decide to fine tooth comb hive. It's not only me that is at risk then, but all of your hard earned money that you decided to invest.
Trust in me, that this is at the forefront of my mind :)
The reason I made this post is because many people still see BRO as a dividends token, when in reality we have wealth backing up our price.
I absolutely do trust you! the beauty of some of this tech is I shouldn't have to. If you could find a way to smart contract it up that would bring BRO to an entirely new level 🔥
You're a genius mate and I'm glad to know you.
Thanks for your support and for helping me in my hour if need... Times are hard for my little family but I'm now concentrating on not buying anymore #shitcoins.
Seriously appreciate your support Ray.
DC 🙏
Not really complicated in my view. It was modeled after @spinvest, at least to some degree. This means it is an asset backed fund. All the assets sitting in the account back the token which represents the holders of the funds piece of the total.
That is why asset accumulation is vital. Not only can it help generate a great stream of income for dividends, it helps to support the value of the token. Of course, the price on the market could vary and that is where people need to sense out opportunity.
I have nestled myself into a few really good earners this pump. We'll see what kind of wealth that brings to the fund in the coming year! I'm really hoping we can see some 6 figured hive power during the bear.
DO I have a BRO coin? Wait a minute, let me check my wallet
Oh no! I don't
But I will have to earn it somehow, and it is rather sad your post did not tell us how we can earn it if we do not have enough funds to purchase the coin in the market
I am sure you have also thought of this just as you did with the rest of the details that you have explained
I have another question though, what did you mean when you said, you will divide the dividend between the owners as well?
Does that mean if you decide to shut down the project, you will sell out everything, and then give us an equivalent of our stakes?
I know I am asking terrible questions, but I hope that you will understand them vividly well, and throw more light on it for me
Oh, I have gone through the link, and I understand that I can delegate hive tokens in exchange for BRO token as dividened. That sounds like a great investment. I will have to look into it.
No. It means I will divide out all assets. That way you can decide what to keep and what not to.
I understand this too. Thank you for taking the time to explain
Many thanks for this update Ray 👍 Updates are very important to give clarity, and also helps to build more confidence in the project from investors. IMO !
Who is Klye ? and what is the chain about ? Think I missed this... 🤔
Make sure to nudge him and bring out the whip if needed. I am hoping the extra funding he got for offering HL shares gives him enough time to work on HSC.
Nice update post @brofund (Ray)! 👍 I would imagine it was informative and helpful, especially for those who have not been that involved with the Man Cave Project.
"... I have already secured at least $150 per day growth from BNB and Matic projects ..."
In a future post, I would like to hear more about these, especially what you are finding on MATIC worthy of investment (I wonder if LeoFinance will ultimately end up moving the WLEO liquidity pool to MATIC ...).
"DreamR I feel is finally on the Horizon (this one will be big, trust me)"
Hmmm. Okay, but if there is one other bit of encouragement I would provide to you, please keep us better informed on progress. I clearly remember DreamR being "big" last October (or there abouts ...), with the implication its release was imminent. And then? Nothing ... For months ...
"The good, the bad, and the ugly ..."
The title from one of my favorite Clint Eastwood movies. Point? Human nature is always to highlight the first and then just "fade out" on the other two, even though they are all part of life. You've always been good at "talking straight," so just keep us informed. About all of it ... 😉
My $0.02, from one of your "Dragons" ... Have a great day (evening)! 🚀🙂
I'm in a few right now. I can write a post, yes. If you check my #early-spots room on discord you'll see everything I've been dipping my wick into.
DreamR I will try, I can only tell you as much as I know. Progress is slow because I know they were stuck with Dev problems last year. They seemed to hit a brick wall.
But right now it all seems to be looking not that bad :)
I totally understand doing things in your head and then forgetting others have not had the benefit of your thought processes. Most of my family is like this: engineers/programmers/professors...we live a lot of our lives inside our brains and forget some things need to be said out loud or in writing! !BBH
Ray bro, with the utmost respect and appreciation for the project, we don't actually own anything unless you decentralize and create a DAO utilizing smart contracts, which I would totally suggest you look into. Until you remit control of the wallets holding the assets these assets are owned by you and only you.
Posted Using LeoFinance Beta
Yup. This is realistically what it is. All I was saying is that once the project ends then the wealth will be divided up amongst owners/holders, and I guess, for now, you'll have to take my word for that.
I've been looking into a solution for this for months now. I'm waiting to see what Leo does with their governance et al, and if it looks good then I will look at following suit. The main reason being is that I do not want to be holding the owner's chair when the powers that be decide to fine tooth comb hive. It's not only me that is at risk then, but all of your hard earned money that you decided to invest.
Trust in me, that this is at the forefront of my mind :)
The reason I made this post is because many people still see BRO as a dividends token, when in reality we have wealth backing up our price.
Posted Using LeoFinance Beta
I absolutely do trust you! the beauty of some of this tech is I shouldn't have to. If you could find a way to smart contract it up that would bring BRO to an entirely new level 🔥
Posted Using LeoFinance Beta
You're a genius mate and I'm glad to know you.
Thanks for your support and for helping me in my hour if need... Times are hard for my little family but I'm now concentrating on not buying anymore #shitcoins.
Seriously appreciate your support Ray.
DC 🙏
Not really complicated in my view. It was modeled after @spinvest, at least to some degree. This means it is an asset backed fund. All the assets sitting in the account back the token which represents the holders of the funds piece of the total.
That is why asset accumulation is vital. Not only can it help generate a great stream of income for dividends, it helps to support the value of the token. Of course, the price on the market could vary and that is where people need to sense out opportunity.
Posted Using LeoFinance Beta
I have nestled myself into a few really good earners this pump. We'll see what kind of wealth that brings to the fund in the coming year! I'm really hoping we can see some 6 figured hive power during the bear.
Posted Using LeoFinance Beta
DO I have a BRO coin? Wait a minute, let me check my wallet
Oh no! I don't
But I will have to earn it somehow, and it is rather sad your post did not tell us how we can earn it if we do not have enough funds to purchase the coin in the market
I am sure you have also thought of this just as you did with the rest of the details that you have explained
I have another question though, what did you mean when you said, you will divide the dividend between the owners as well?
Does that mean if you decide to shut down the project, you will sell out everything, and then give us an equivalent of our stakes?
I know I am asking terrible questions, but I hope that you will understand them vividly well, and throw more light on it for me
Thank you
You can earn it by delegating tokens to @brofi. Please check here: https://www.brofi.cc/ for more info.
No. It means I will divide out all assets. That way you can decide what to keep and what not to.
Posted Using LeoFinance Beta
Oh, I have gone through the link, and I understand that I can delegate hive tokens in exchange for BRO token as dividened. That sounds like a great investment. I will have to look into it.
I understand this too. Thank you for taking the time to explain
No problemo :)
Posted Using LeoFinance Beta
Thanks for explaining it all so well, Ray. Voted on behalf of the Neoxian city paper team.
Posted via neoxian.city | The City of Neoxian
Thank you Sayee :)
Posted Using LeoFinance Beta
DreamR? What is that? :)
Posted Using LeoFinance Beta
Wait for announcement :)
Posted Using LeoFinance Beta
Totally forgot about dreamr.
That is a name I haven't heard in a while.
Hope to see it coming together soon.
Posted Using LeoFinance Beta
Hopefully! We'll see. I know they had a lot of teething problems.
Posted Using LeoFinance Beta
Many thanks for this update Ray 👍 Updates are very important to give clarity, and also helps to build more confidence in the project from investors. IMO !
Who is Klye ? and what is the chain about ? Think I missed this... 🤔
!PIZZA
!LUV
@brofund! I sent you a slice of $PIZZA on behalf of @andy4475.
Learn more about $PIZZA Token at hive.pizza
Klye is making a Hive smart chain. It should operate like Eth & BNB chains (I think) but don't quote me on that :)
Posted Using LeoFinance Beta
Okay Ray, interesting , I will try keep an eye on this... 👁
@andy4475, you were given LUV from @trading-tokens. Info: https://peakd.com/@luvshares or check wallet: https://hive-engine.com https://ipfs.io/ipfs/QmUptF5k64xBvsQ9B6MjZo1dc2JwvXTWjWJAnyMCtWZxqM
Is there any news on this front? I think he has been busy with HIVE loans so I don't think there has been any development here.
Posted Using LeoFinance Beta
I am as aware as you are. I keep nudging him though!
Posted Using LeoFinance Beta
Make sure to nudge him and bring out the whip if needed. I am hoping the extra funding he got for offering HL shares gives him enough time to work on HSC.
Posted Using LeoFinance Beta
Nice update post @brofund (Ray)! 👍 I would imagine it was informative and helpful, especially for those who have not been that involved with the Man Cave Project.
In a future post, I would like to hear more about these, especially what you are finding on MATIC worthy of investment (I wonder if LeoFinance will ultimately end up moving the WLEO liquidity pool to MATIC ...).
Hmmm. Okay, but if there is one other bit of encouragement I would provide to you, please keep us better informed on progress. I clearly remember DreamR being "big" last October (or there abouts ...), with the implication its release was imminent. And then? Nothing ... For months ...
The title from one of my favorite Clint Eastwood movies. Point? Human nature is always to highlight the first and then just "fade out" on the other two, even though they are all part of life. You've always been good at "talking straight," so just keep us informed. About all of it ... 😉
My $0.02, from one of your "Dragons" ... Have a great day (evening)! 🚀🙂
Posted Using LeoFinance Beta
I'm in a few right now. I can write a post, yes. If you check my #early-spots room on discord you'll see everything I've been dipping my wick into.
DreamR I will try, I can only tell you as much as I know. Progress is slow because I know they were stuck with Dev problems last year. They seemed to hit a brick wall.
But right now it all seems to be looking not that bad :)
Posted Using LeoFinance Beta
!PIZZA
@brofund! I sent you a slice of $PIZZA on behalf of @honeysaver.
Learn more about $PIZZA Token at hive.pizza
BRO is awesome!
!PIZZA
Posted Using LeoFinance Beta
@brofund! I sent you a slice of $PIZZA on behalf of @drunksamurai.
Learn more about $PIZZA Token at hive.pizza
This is good to read, I never really understood bro! Not sure I do but seeing it as a stake in your considerable assets makes sense.
Posted Using LeoFinance Beta
Buy BRO get dividends. That's it :)
Posted Using LeoFinance Beta
View or trade
BEER.Hey @brofund, here is a little bit of
BEERfrom @pixresteemer for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.Thanks for the update. A monthly report will be a great addition. 😊
Posted Using LeoFinance Beta
I totally understand doing things in your head and then forgetting others have not had the benefit of your thought processes. Most of my family is like this: engineers/programmers/professors...we live a lot of our lives inside our brains and forget some things need to be said out loud or in writing! !BBH
Because this is such an awesome post, here is a BBH Tip for you.
. Keep up the fantastic work
The site HiveStats.io shows the holdings of all Hive Users. This is the BroFund Page:
https://hivestats.io/@brofund