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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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This is what he posted on discord -

Looks like Swap.ETH is coming soon, so now the mining aspect of Utopis can be mined into the swap.ETH and you can hopefully soon earn ETH as divs, read more about ETH on Hive

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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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That's awesome and if we see HIVE grow further, the dividends can only get better. Soon, UTOPIS may hit 20 HIVE each.

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@uyobong wow that's huge...that means the utopis is a good token to invest on ....

Yeah that one is looking like a winner.

The innovation behind it is wonderful. It could really be a model for other projects to follow.

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The innovation behind it is wonderful. It could really be a model for other projects to follow.

"Innovation" is a generic term when it comes to the Hive blockchain. Nothing less each passing day.

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That applies actually to all of crypto. We are seeing a lot of experimentation, much of it working out.

It is really a great time to be involved in all of this.

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Let's imagine when things get to a full blown stage even on Hive, then these tiny tokens would have become more tangible.

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Without a doubt. There will not have to be too much of a network effect for even the smallest tokens to explode.

In fact we have seen it before with just a few hundred people.

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Likely but always do your own research before buying into any crypto project.

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You can read more about it here -

https://leofinance.io/@chronocrypto/project-utopis

It described Project Utopis whitepaper .

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