Greetings and Salutations Champions of Glory!
I'm very excited to announce that I've finally pulled my head back into the light, and managed to find a dev to write the code we need to get our token up and running!
Here's the plan.
I'm going to list 50K KOG on the market for $0.01 each (as soon as I finish this post), so everyone who wants to pick up enough to max out daily tipping capacity can get it done for around $10. That'll be more than plenty to pay the $150 HBD dev fee and have a little on hand for the $10 monthly maintenance fee. All additional proceeds will go into the KoG HBD wallet. Most will be staked to start earning a return, but some will be left liquid, to be used for community interests. Guild leaders are encouraged to start asking their members how they would like to see these funds used. After the initial 50k are sold I won't put any more on the market until we get a consensus on what to do with them. I expect it to be months to figure out and get everyone on the same page but if we pull together and come up with something solid sooner I'll roll with it. I will also be using about $100 worth of KOG for Administrative fees.
This weekend, or next week I will also be dropping KOG on guild leaders to be distributed to their members, so each of the Glorious has at least 10 KOG staked to unlock the ability to tip at least once a day.
Regarding staked KOG.
My initial intention was for staked KOG to earn a daily return and unlock tipping. It may turn out to be the case that it mines, rather than earns. I'm not sure yet, but the way it was worded when I was talking to the dev leaves me with the impression that it will be more of an ongoing lotto rather than a steady drip. I'll update as I find out more.
I also need one more image for the tip function on Hive. Everyone is aware of the fun little emoji that shows up with LOLZ to tell a cute joke. That's fine for LOLZ, but we need something more in line with our vibe. I need someone to manifest an image of a samurai committing seppuku (ritual suicide) while another samurai stands behind him, swinging his sword to behead the disgraced. I think that aligns with our claim of empathy to offer in all the right ways, and I'll pay for the one that suits our needs, preferably in KOG, as this is intended to be a community project, so using our own token seems appropriate, but if someone goes above and beyond, and produces something extraordinary I can use some of the HBD from sales to show appreciation.
The image at the top of this post will be the token icon. I like it well enough as is, but if someone wants to polish it and make it pop and sparkle I'll extend gratitude in the form of compensation.
I'll post another update once I pay the dev to get started, but likely won't shut up about it in discord, if anyone wants to join the discussion.
Let's have some fun!
You can read the original launch post here:
