Creative Coin Fund Investor Report: LMAC Partners with the Fund

Welcome to the Creative Coin Fund Investor Report.

Our top story this week: LMAC (Let's Make a Collage) has joined the Creative Coin family. Read on past the delegation report for full details.

We continue to receive great delegation support. This week two new investors joined our team, and nine increased the size of their delegation. Our total delegations now stand at 833,906 CCC from 44 delegators and @creativecoin.

Here's our current list of delegators and the payout they received this week. Names in bold indicate a new investor, while names in italics indicate an increase in delegation.

InvestorCCC DelegationPayout
@abh12345.ccoin95,365.72571458.490
@andrewmusic16,681.9601080.202
@antisocialist896.129384.309
@ange.nkuru6,00028.847
@barbara-orenya37,000177.885
@bashadow2,30011.058
@bhattg1,0515.053
@bryan-imhoff2,411.5350211.594
@city-of-berlin3,007.4112214.459
@cliffagreen8,43940.573
@creativecoin250,000
@crypto-is-a-scam3.043200.015
@dawnoner1,0004.808
@dbooster5.331360.026
@dera12378,355.72293376.711
@desro2,027.559829.748
@edgy-ed-morrison10,00048.077
@focus.folks2,006.012789.645
@hranhuk1,4026.741
@igormuba2801.347
@kachinhenry40,000192.308
@lacking17,640.6144584.811
@melinda01010016,60079.808
@mimismartypants5002.404
@myothuzar5,82528.005
@oadissin1,740.564518.369
@oblivioncubed485.290462.334
@olgavita247.298091.189
@paradigmprospect1,013.586544.874
@portal-xenna92.41750.445
@quinnertronics28.141840.136
@qwerrie41,970.90071201.784
@seckorama1,1005.289
@shadowspub30,000144.231
@stickupboys10,00048.077
@theia751,000245.193
@thisismylife320.280211.540
@victorbz2,041.334869.815
@vintherinvest886.715824.264
@whatsup31,999153.842
@worldbuilder21,642.24036104.050
@wwwiebe7,365.3512735.411
@ykretz2,325.1841411.179
@ylich10,00048.077
@zedcell20,00096.154

Thank you all! Our collective staked Creative Coin for curating is now 835,153.

Market Updates

The purpose of the Creative Coin Fund is to provide the artists of Hive with a substantial CCC upvote, and to make that vote meaningful by supporting the steadily rising price of Creative Coin.

We're supporting the price of CCC with three mechanisms:

The daily market purchase is a market order for CCC of 10 to 15 Hive daily.

  • Through October 21: minimum 15 Hive

The base buy-in order is a limit order meant to establish the price support for the market. The buy-in order is updated weekly on Thursdays.

  • Current Price: .002100
  • Order Size: 252 Hive for 120,000 CCC

The daily limit order is a buy set daily at a price above the base buy-in order.

  • Monday's Price: .003031
  • Order Size: 15.155 Hive for 5,000 CCC

Our primary source of funding is a biweekly fiat contribution from @cliffagreen. This Thursday we will receive that contribution, which will fund the daily market purchase through November 4 and provide Hive for the base buy-in through November 18. The size of those orders will depend on the price of Hive on Thursday, but we anticipate being able to maintain the daily limit order at 10-15 Hive and raise the base buy-in to at least .0025 this Thursday.

Of course, we would love to raise the base buy-in price much higher than .0025. However, our goal with the buy-in order is to establish a peg for CCC that can withstand any large dumps in the market. We're setting our price low while we earn, purchase, and save enough Hive to substantially increase the order size and maintain the peg.

The daily limit order we're funding primarily with sales of our liquid CCC earnings and H-E tokens, up to a maximum order for 5,000 CCC. Monday's order at the above listed price and order size filled; Tuesday's order will be for a minimum of 2,500 CCC at .002101.

LMAC Partnership

The Let's Make a Collage community has joined the Creative Coin family through a partnership with the Creative Coin Fund.

The partnership began with a special round of LMAC's weekly contest, in which they encouraged contest participants to use #creativecoin on their collage entry posts. The Fund sponsored the special with 10,000 CCC in prizes.

Going forward, LMAC will use #creativecoin on their official posts and continue to promote the use of #creativecoin. The Fund has delegated 70,000 CCC to LMAC so that they can award their artists with a substantial CCC upvote.

In addition, Creative Coin has provided LMAC with a channel in their Discord for announcement posts, as well as a channel for LMAC community members to promote their posts, and LMAC has provided a channel for Creative Coin community announcements on their server.

The special LMAC round, which closed Monday, had over 75 participants, and the LMAC community has 1,330 creative members. We think this partnership has the potential to substantially increase the Creative Coin user base and thereby increase the value of CCC.

LMAC is now the fourth creative community the Fund is supporting with a CCC delegation, joining CELF Magazine, the Ink Well, and Hispapro.

Special thanks and acknowledgement goes to our photography curator, @elemarg25, for initiating this partnership ... as well as three of the four partnerships listed above! She's more than a curator; she's our lead ambassador.

New Curator Joins the Team

An eighth curator has joined the Creative Coin Fund curation team: Hive photographer and Fund delegator @qwerrie will be our weekend warrior, curating Friday, Saturday, and Sunday with a focus on photography.

The Creative Coin Fund Curation Team

@andrewmusic
Music Curator

@cliffagreen
At-Large Curator

@elemarg25
Photography Curator

@fermentedphil
Inktober Curator

@jesuspsoto
Spanish Literature Curator

@mazquel
Digital Art Curator

@qwerrie
Weekend Curator

@regenerette
Discord Curator

Each new curator we bring on has their own niche with a unique vantage point on the Creative Coin community; already @qwerrie has found worthy artists to support that the Fund has rarely or never supported in the past. We're pleased to have his contribution and perspective on the team.

Look for some of @qwerrie's curation highlights in upcoming issues of our curation weekly, The Five.

Thank You

That's it for this week. Thank you everyone for your support and your involvement in the Creative Coin community!


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