It's another beautiful day and so far a great start to the new year with our project HODLING steady with most people holding their tokens for the long run. We're constantly saving and buying Bee with our current holdings sitting at 500+ bee.
This preparation is to ensure we have sufficient bee in our kitty to launch our Hive/NFTS pool.
Once we get to the required amount we will sit on them while we build Hive required to pair with NFTs. This has been a wonderful past few days with much of those early investors withdrawing their token sales in preparation for a price increase once the pool launches.
We need a total of 1000 Bee to pay the fee which is a relatively low cost in comparison to other chains.
We'll be looking to launch it in late May by then we should have enough Hive to pair which will be more than how many have already purchased in order to not drain the pool.
Our NFTS token price is holding steady at 4 Hive per token which is a fair launch price. Once we move to utilisation we anticipate the value to most likely increase.
Few are asking what we have planned to do with the token and there is a few things planned. As mentioned all token sales will go to directly powering up this account and creating a curation account.
All rewards earned go to powering up and pooling our token to continuously feed the pool and increase the token value and participate in buy backs.
As we're not a inflationary token this puts us infront of 99% of the tokens on Hive. Inflation has been a major problem for most communities and as our community remains on layer one Hive it provides us with an opportunity to implement a non inflationary token for rewards, give away and competitions.
We're ushering a new era of Hive rewards that many can get involved which can be as simple as upvoting this post to help us get a head of the curve and ensure we have enough Hive to pair with NFTS when we launch our pool.
So make sure you consider us as we drive a brand new project right here on Hive!
image sources from Hive Screenshots and canva pro subscription. This is not financial advice and readers are advised to undertake their own research or seek professional financial services.
