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I don't want to get into details and I don't have all the details but it seems some folks using HSBI and some other services are being targeted for downvotes.I just found out about this. My opinion on this is irrelevant for this post, and I am not going to get into it, but I figured I would discuss some worst case scenarios.
HSBI is NOT planning on shutting down, but if they were to there's a plan too. This is just an example and to ease a few people's minds who reached out to me. I actually had a post that talked about contingency plans that I was writing but figured I would write this now. That said...
For the sake of this post let's talk about worst case fictional scenario. I am not saying I expect this to happen, just using it as an example.
What if HSBI shuts down?
Well in terms of UNICOIN that would mean more funds would be available for token buy backs. It would be a shame, but it won't kill UNICOIN. Unicorns are majestic, magical creatures and are resilient AF. 馃馃馃馃
I always had a phase 2 plan of wanting to offer other Hive-engine tokens at a bonus or a discount using UNICOIN so likely if HSBI shuts down I would ask the community what they prefer.
I could in theory offer some tokens at a 10% discount or a 10% bonus for people who exchange UNICOIN .This will be a little trickier to set up but it's possible. Well it would be trickier for manual exchanges but probably easier to automate with a Python script. That is TBD. If anyone has any leads on how to do this let me know.
It would work like the HSBI exchanges but would be a different token and different rate. Or like I mentioned earlier could just put more funds into token buybacks. Or any combination of the two.
I am not expecting HSBI to shut down. I am simply informing folks that I am prepared in case it does.
What about the upvote bonuses? Are they at risk?
No. I don't think so. I am not running a paid to upvote or even a delegate to upvote service. Upvotes are a bonus and are not guaranteed. I have been upfront about that since I started posting.
Right now the curation here is a combination of manual upvotes and following some folks on hivevote . Worst case scenario, I hire a few curators, pay them in tokens and I can still offer this bonus . I had plans to do this in some capacity in phase 2 anyway. Phase 2 is 6+ months down the road from the pre sale most likely and it's just adding benefits/use cases for the token.
Just wanted to let people know I have a contingency plan. More than one , really.
Worst ,worst case scenario more funds are simply put into token buybacks-and that's really not so bad.
This post is not meant to scare you, just inform you I am always thinking ahead and my back up plans have back up plans.
