The @buynburn account uses the HIVE and HBD rewards earned from posts to buy and then burn coins on #hive-engine.
After publishing this post, I will incinerate 1,000 CENT worth a reported $1.78 or 3.42 HIVE.
Hmmm, the brochure for CENT says that the target value of the coin is one US penny. So, I really am incinerating ten dollars.
Hive Engine says that there are 23,835,496 CENT in existence which are trading at $0.00178 to give a market cap of $42,427. If CENT was trading at a penny a coin. The marcap would be $238,354.96.
I am thinking that we will need to burn more than 1,000 CENT to achieve that market cap.
I Need to Write Posts to Get Rewards
For the @buynburn project to make a dent, I need to create more post.
I generate an original image and write each post by hand to qualify for the #proofofbrain coin. So, it takes a little bit of work to write the post.
I then need to trade coins on HIVE Engine.
Please let me know if you think my posts are too spammy.
As For This Post
I've been generating a post a day on Night Cafe. I am on a 104 day streak. Last night I decided that it would be fun to have a #meme that showed the HOLLYWOOD sign burning.
I downloaded that image and turned the "H" into an "F" to create the image above with FOLLYWOOD burning.
The HOLLYWOOD Sign IP
The HOLLYWOOD has been the center of numerous IP battles. For awhile the Hollywood Chamber of Commerce was send "cease and desist" letters to people who used images of the sign. The CoC was never able to secure a trademark on the design.
Apparently, they still go after companies that try to use the image of the sign in products but have let up on "Fair Use" cases.
I created the image above using AI and I turned it into a parody. AI images are considered to be near public domain. It might be fun to use a Follywood image on a culture war post. Here is a higher resolution version of the image.
I will use the HBD and HIVE rewards to burn coins on HE this should help the overall HIVE-O-Sphere.