The cube4stake project is still alive even though it hasn't succeeded. Actually I'm happy it didn't. If we went for listing BEP-20 iteration of Hive we would have lost all credibility since Leofinance has ragupulled on its bHive, CUB and bHBD.
Listing BEP-20 token would be much, much easier as it would require close to none costs (Stakecube has listed multiple BEP-20 tokens). Shortcuts have consequences. I'm happy I didn't put too much hope in the Leofinance team. If you want to read more about it go here.
Piggy Bank Report proper part
Welcome to my stakecube piggybank report. My aim (now known as the Plan A)is WAS, I guess it's IS again, to collect enough funds to make stakecube list Hive on any of their markets (StakeCubeCoin or BTC). But since Hive does not pay for being listed, we are going to pay stakecube users directly via community faucet. We don't need to raise thousands of dollars to make it worthwhile. If we won't succeed by 31st May 2023 (we did not) all the funds will be returned as stated in rules - I don't know if that's a valid option anymore. I'm looking for options here. For the meantime I will continue my toil.
The rules under this account operates can be found here.
There's a slight correction - I mean all the posts will be published with 50/50 ratio and H-E tokens will be converted into HivePower.
How much did we raise? The best thing is that we can only go up from the start, in terms of Hive. Of course, in terms of dollars the raised funds may decrease, but since on Hive you can put your funds to use without entrusting them to anybody I hope I can beat the bear market.
| Asset | Quantity | Value in USD | Change since last report |
|---|---|---|---|
| HP | 181.200 | x | +11.57 |
| HBD | 20.462 | x | +3.606 |
| TOTAL | x | $108.12 | +$25.14 |
We are already at the beginning, but if you take in mind that StakeCube's faucet claims give about 0.005 $ which means we have already gathered enough funds for 21 624 claims.
SOL donnors list
This list will be updated:
- @jocieprosza 14 SOL
- @sk1920 5 SOL
- @asia-pl 6 SOL
Why list Hive
If you're an outsider and wondering why would or should Stakecube be interested in listing Hive at all. Hive is the only working implementation of Web 3.0 in terms of both infrastructure and control - it has no central entity that can be served or banned. The Hive is a community of over 50k active users (currently) onboarding hundreds of users daily.
In order to properly asses Hive market one needs to sum up it's whole ecosystem of first layer (let alone second layer) and its diverse variations. To sum up - Hive has many avatars.
- Hive is undervalued and its marketcap is bigger than coingecko shows (due to its many iterations),
- It may bring you another stream of revenue (you might introduce staking, delegating and leasing options for your users),
- It may improve your income stream by publishing reports/announcements on Hive,
- Hive and its soft-peg stablecoin HBD have prooven to be working and safe during crises,
- Hive is actually used,
- Listing Hive is a forward escape from CEXes issues by sending the message 'Hey, we're sound enough to list new projects'
Go and check the latest Hive statistics@arcange/hive-statistics-20240131-en
by @jocieprosza
P.S. If you have any questions, please do ping @jocieprosza so that I won't omit the message.