Community, please help me decide. The Plan B is not feasible anymore as I have encountered another failed attempts to create a wikipedia article. We need to expand Hive more so as to Wikipedia will miss out on having hive reference. The problem is, even though I would pay for an article it may be removed anytime after publication. While this decision is ultimately made by the editors and administrators, the ability to remove articles on their whim has been a controversial topic among Wikipedia users, mainly due to insufficient or no justification at all.
This is why Hive is so extraordinary. Wikipedia is known not to be transparent and consistent in their decision-making process.
So I face the decision what to do with funds raised by this project
- Burn them?
- send them to DHF?
- to continue pursuing the Plan A?
- no idea?
I think I will create a LeoThreads poll in some time, but need to gather all the possible options first.
Piggy Bank Report proper part
Welcome to my stakecube piggybank report. My aim (now known as the Plan A)is WAS, I guess it's IS again, to collect enough funds to make stakecube list Hive on any of their markets (StakeCubeCoin or BTC). But since Hive does not pay for being listed, we are going to pay stakecube users directly via community faucet. We don't need to raise thousands of dollars to make it worthwhile. If we won't succeed by 31st May 2023 all the funds will be returned as stated in rules.
The rules under this account operates can be found here.
There's a slight correction - I mean all the posts will be published with 50/50 ratio and H-E tokens will be converted into HivePower.
How much did we raise? The best thing is that we can only go up from the start, in terms of Hive. Of course, in terms of dollars the raised funds may decrease, but since on Hive you can put your funds to use without entrusting them to anybody I hope I can beat the bear market. Nothing really happened H-E wallet.
Our monthly savings income has increased from .13$ to .17$
Curation rewards are always getting higher report by report.
Let's head on to the numbers:
| Asset | Quantity | Value in USD | Change since last week |
|---|---|---|---|
| HP | 123.646 HIVE (+4.349 HIVE) | X | X |
| HBD | 16.225 (+0.5 HBD) | X | X |
| TOTAL | X | 63.95$ | -2.94$ |
TOTAL: 63.95$
We are already at the beginning, but if you take in mind that StakeCube's faucet claims give about 0.005 $ which means we have already gathered enough funds for 13 378 claims.
SOL donnors list
This list will be updated:
@jocieprosza 14 SOL
@sk1920 5 SOL
- 3
@asia-pl 6 SOL
Why list Hive
If you're an outsider and wondering why would or should Stakecube be interested in listing Hive at all. Hive is the only working implementation of Web 3.0 in terms of both infrastructure and control - it has no central entity that can be served or banned. The Hive is a community of over 30k active users (currently) onboarding hundreds of users daily.
In order to properly asses Hive market one needs to sum up it's whole ecosystem of first layer (let alone second layer) and its diverse variations. To sum up - Hive has many avatars.
- Hive is undervalued and its marketcap is bigger than coingecko shows,
- It may bring you another stream of revenue (you might introduce staking, delegating and leasing options for your users),
- It may improve your income stream by publishing reports/announcements on Hive,
- Hive and its soft-peg stablecoin HBD have prooven to be working and safe during crises,
- Hive is actually used,
- Listing Hive is a forward escape from CEXes issues by sending the message 'Hey, we're sound enough to list new projects'
Native Hive
Hive Backed Dollar - Hive stablecoin
Hive Backed Dollar - on Binance Smart Chain
Hive on Binance Smart Chain
by
P.S. If you have any questions, please do ping