Before I get into sharing some data and analysis of our problem solving token, I want to say, Thank You Very Much to all the token holders. My goal is to convince more Hivers that holding some problem solving tokens is good for our Hive community.
So lets look at some numbers and how they help define and defend the current value proposition for our problems solving token.
Make some time to review some recent blogs to get caught up.
@toofuckeh/are-you-setup-for-our-next-return-on-capital
Bull Shit Index (BSI)
While on my journey of exploring and building on Hive, I discovered a huge amount of misleading information promoted and lacking evidence of a Subject Matter Expert. It's like a dog eat dog world out here trying to make a living on the blockchain. It's a good thing I have lots of passion and I am stubborn, I mean determined and disciplined. I like to challenge and be challenged. All part of demonstrating Continuous Process Improvement.
So, while living the process along my PEPT journey I realized that I needed to address some confusion and misleading interpretations of a very common financial indicator called, Market Capitalization (MCap). I am familiar with several other financial indicators I have used over the years and I have been an investor and high risk trader since 1980. My confidence level is high when it comes to managing all kinds of risks. Like the risk of putting too much emphasis on one indicator. Today our BS Index is one indicator. Holding some BSI means you can receive some Return on Capital from our problem solving token. As more indicators get introduced I expect to see different earning opportunity from the token.
MCap Indicator
At the moment the Market Capitalization for our problem solving token is $21.8 Trillion. Wow! Is that impressive or not. Well, it is a bit #TooFuneh - Checkout the latest token in our PEPT ecosystem.
Looking at the spreadsheet above. The calculation says $22.5 Trillion. Lets take a closer look.
So you take the total number of tokens multiplied by the price in Hive and multiplied by the US$ value for one Hive.
So we get a #TooFuneh number that needs to be adjusted for reality. Reality being that there is no way that you can sell all tokens at the current market price. This is true no matter the token or stock being evaluated.
Keep in mind that every token has been issued. That is not true for most tokens. There is no impact of mining new tokens to consider. 0% Inflation. It is not a simulated zero because some entity is buying to offset creation of new tokens. I put my Risk Management hat on and permanently removed inflation from any valuation calculation.
The following data was copied into our spreadsheet above.
https://he.dtools.dev/richlist/TOOFUCKEH
Now we look at a modified MCap
First I excluded the PEPT account holding.
That means the MCap is down to $25.5 Million. Still a big number and almost more realistic. lol Will have to trim it down some more.
I excluded the holding in the various system accounts supporting our PEPT ecosystem. Now that is not totally fair but I do have some Conservative in me so again, its a risk management decision.
Just over one million TooFuckeh tokens is valued around $2500 USD. Or a bit more than 10K Hive.
Is this starting to look more realistic?
In the spreadsheet I also included the line item for sell and buy orders. The data came from the following link.
https://market.thecrazygm.com/market/TOOFUCKEH
The last part of our spreadsheet looks at our TooFuckeh wallet.
The Hive value is about $25 US
The portfolio of tokens managed is over $260K
https://portfolio.dtools.dev/#/
Using the above portfolio app I excluded the system tokens held in the TooFuckeh wallet and the dollar value is down to $350
Now I think that 0.01 Hive is a fair market value for our problem solving token. Knowing what I know, it is worth much more but that will take some time to prove it. And I am proving it everyday by showing you my dedication and commitment to our PEPT community. My Hive activities are increasing the value of our token everyday. Once we have more PEPT subscribers collaborating on some process improvement activities, this will leverage returns more effectively.
A couple of days ago, I created a funding and earning opportunity.
@toofuckeh/a-toofuckeh-funding-and-earning-opportunity
I am not interested in creating a White Paper and submitting a DHF proposal for funding. My interest is to get Hivers engaged and doing something different so they too can see that their daily earning activities can be more effective and rewarding. It doesn't take much effort to generate enough Hive to buy some problem solving tokens.
For example, take a token like LEO which is an actively traded token. Now, I have done my own due diligence and I am comfortable trading the token with no care or interest about the token going to the moon or disappearing from Hive blockchain. For me, investing a thousand dollars in LEO is a much higher risk than investing in my own problem solving use case project. LEO has counterparty risks and other types of risks that do not apply to a problem solving use case. The market is huge for solving problems. Right now we are foundation building for future growth. That is why I am offering some tokens in exchange for some Hive to buy BEE so we can take advantage of staking our problem solving token.
If you are just getting started on Hive and/or you are low in your Hive holding, I understand. Been there, done that. So consider changing your earning activities. Are you able to complete some tasks in exchange for some Hive or Hive Layer 2 tokens? You can create a blog in our PEPT community and it would be my pleasure to reward you for your contribution.
Please do not hesitate to ask questions and/or challenge me. Show me the error in my journey. In a way, I don't see problems but I do see opportunities. Opportunity to create digital wealth. An opportunity to share.
Current Goal.
Once my sell order at 0.01 Hive is sold I will setup staking and we will have a new passive income opportunity.
As before, when I place some tokens on the market to raise capital it does not mean that some PEPT system account will not buy. Our TooFuckeh portfolio is able to sell other project tokens for a profit and that profit is re-invested into PEPT ecosystem. I can sell one LEO token at .22 right now and that is enough to buy 22 problem solving tokens.
Again, if you are starting out or need help in making a decision about spending some Hive and taking a position in TooFuckeh I can guide you. Maybe you have some Layer 2 tokens sitting in your account with little value to you. Maybe we can do an exchange.
Let's work together in creating a rewarding PEPT community.
May Positive pepEntropy be with you all.