Unveiling DRIP Token
"Compound interest is the 8th wonder of the world. He who understands it, earns it… he who doesn’t, pays it." - Albert Einstein
In the world of finance, few things hold as much potential for exponential growth as compound interest. With backgrounds in actuarial science, economics, and computer science, we understand the power behind it. And on the Hive blockchain, we've harnessed this power through the DRIP token.
What is DRIP?
DRIP, on the Hive blockchain, is more than just a cryptocurrency. It stands for "Dividend ReInvestment Plan," a concept borrowed from traditional finance. In finance, this typically involves buying dividend-paying stocks and allowing those dividends to reinvest, purchasing additional shares, and compounding returns. Our inspiration for DRIP comes from our passion for crypto and over two decades of successful investments in dividend growth companies in traditional finance.
The Purpose of DRIP
DRIP's primary purpose is to invest its funds into GameFI projects, primarily on the HIVE blockchain. GameFI is a segment within the decentralized finance (DeFi) ecosystem that merges gaming with blockchain technology. The tokens earned through these investments will be partially reinvested and partly distributed to DRIP token holders, ensuring the growth of payouts continues indefinitely. You can purchase DRIP tokens directly from Hive Engine here.
Investment Thesis and Differentiation
The key to their project's growth lies in smart, consistent investments. What sets their project apart is their commitment to transparency. Hive DRIP plans to regularly release financial updates, providing insights into their investments and their performance. They aim to maximize payouts while growing rapidly. They distribute daily rewards in the native token on Hive Engine, swap.hive, with the goal of increasing the payout per token each month.
They plan to invest 80-90% of initial funds from market sales into the Hive ecosystem of GameFI projects and 10% into the Hive stablecoin, HBD. Notable projects include Splinterlands, Genesis League Sports, WOO, Astral Revelations, Rising Star, Muterra, Serfdom & Sorcery, among others. These funds will be utilized in Liquidity Pools (LPs), Token Staking, Node Licenses, NFTs, NFT rentals, and promising partnerships.
Their vision is to become a successful, high-growth, and diversified project.
Tokenomics
The maximum total supply of DRIP tokens will never exceed 1,000,000,000. The initial mint of 1,000,000 tokens will be distributed as follows:
- Market Sales (hive-engine/tribaldex): 500,000 tokens (50%)
- Team: 90,000 tokens (9.00%)
- Partners / Advisors: 10,000 tokens (1.00%)
- Staking / LP / Rewards / DAO: 400,000 tokens (40.00%)
The primary purpose of the token is to reward loyal holders and significantly increase their payouts over time. These assets are collectively owned by all token holders.
Token Sale
They plan to sell 20,000 of the initial mint of tokens on the market, starting at 1 swap.hive. The only way to earn immediately is by purchasing directly from Hive Engine or Tribaldex here.
Staking Rewards
Staking rewards are set to begin one month after the initial sales launch and are given in additional DRIP tokens. Your DRIP tokens will need to be staked to earn these rewards but will still earn swap.hive daily. Staking rewards will be 0.25% daily over the first year, equivalent to a 149% APY. The unstaking process requires 4 weeks, with 25% of tokens unstaked each week.
Earning with DRIP
You earn daily just by holding DRIP tokens in your HIVE wallet. They can be purchased directly from Hive-Engine here. They've also enabled Staking rewards, now offering an additional 149% APY. If you need a HIVE wallet, please see Hive Links. Each token will receive the same payout per day, with the plan to increase the payout each and every month. For more details, refer to the whitepaper.
Sister Token: EZLICENSE
Our sister token is called EZLICENSE, which is a fractional Splinterlands node LICENSE. More information can be found here.
Drip Holdings
HIVE GAMES & LINKS
- Serfdom & Sorcery (S&S)
- Wiki: Get Started
- Whitepaper: Read More
- Splinterlands
- Website: Play Now
- The most popular game on HIVE
- Collectible card game (CCG) with crypto token rewards
- Genesis League Goals (GLS)
- Website: Visit Here
- Soccer-based NFT collecting game
- Whitepaper: GLS, GLG
- Rising Star
- Website: Play Now
- Hive-based clicker game
- Collect cards (NFTs) and earn starbits
- Golem Overlord
- Join using this Referral Link
- Collect PART tokens and battle others in PVP
- MuTerra
- Set in a post-apocalyptic world
- TCG+RPG game available on HIVE and WAX chains
- Woo - Wrestling Organization Online
- Website: Visit Here
- Build and manage a wrestling organization
- Terracore
- Website: Explore
- Post-apocalyptic world where players must mine for valuable $SCRAP
- Exode
- Website: Play Now
- Galactic survival game
Earning with DRIP is not just about holding tokens; it's about being part of a financially empowered community. With their commitment to transparency and smart investments, we're on a mission to create wealth for our community. If you want to embark on this journey with us, visit here to purchase DRIP tokens and start earning compound interest on Hive.
Stay tuned for their financial updates, and be part of a project set to revolutionize wealth creation on Hive.
Disclaimer: Never invest money or crypto you can't afford to lose, and always do your research in the crypto market.