Hello, i am @memess and with the help of @bokica80 of we created EARN, the new passive income token on hive. So me @memess writing this post will present you the project and everything you should know about EARN token.
If something isn't clear enough or you still have question feel free to ask in the comments.
Why did we create EARN token : First of all because both me and bokica80 are faucet claimer, airdrop searcher, and other way to get a bit of crypto for free. And after looking a bit into passive income token i saw something : You need money to earn money. So i though why not making a free passive income token, and after some thinking i got the EARN token idea. The token that would add value to the token earner accounts, to the hive token (not much but we will buy some hive in order to pay dividends), and maybe to all the projects on hive since when you give hive/swap.hive to someone he will power-up or sell or buy various things.
What is EARN token : As i said it before EARN token is a passive income token, the difference with the major part of the passive income on hive is that there won't be any sale of token (by us, you can sell the tokens). You gonna ask how will the project get token for the dividends ? This is the moment we reach the new idea behind this token, i called this task2earn, on the account @task.earn there will be task like sign-up on this website and do 10 faucet claims (with our referral link) and get 0,1 EARN, we gonna refer people to trusted faucet and use a part of the referral earnings to buy hive or deposit crypto to hive-engine (example SWAP.BTC, SWAP.LTC) and once a week share these token and part of posting earning to all the EARN holder.
Something i really like in EARN too is the logo :
Value of EARN : Since the supply is controlled by us we will issue 0,01 token
for every 0,005$ referral commission that will be used to payout dividends
Tokenomics : EARN token have a max supply of 1 billion token, that can seem a lot but we have chose to make it large so we are sure to never run out of token to reward user, maybe the max supply is super large but only small number of token will be issued weekly (number depends of the number of task), the major part of the token are mean for the tasks only 1 million token (0,1%) are made for marketing and will be issued slowly to not dump the price and dividends. We made a 5 decimal, for smaller task and for marketing.
How does it work : You complete simple task like sign-up on a website using our referral link, we get a rewarded from the website, you get some EARN token, and at the end of the week we take a part of all the rewards earned in the week and after using them to buy hive or deposing them to hive-engine we send them to EARN token holder
Security : We gonna try to make the most secure choice to only create task on trusted website to not lose income, sadly this is not 100% possible what i mean is some website could simply close or get hacked or something that don't let us earn money from referral and we can't control, But we will try to do it the best way.
Partnership, sponsor, ads : If you have a project or anything and you want to promote it, feel free to get in contact with us, you can post a little comment so we find the best way to get in contact,
Thanks for reading, this is my first project so let's see how far we can push it. If after reading this you want to earn some EARN token the first task will soon be published on @task.earn
If you still have any unanswered question, idea for the project, suggestion, anything that concern us, feel free to ask/tell it in the comments