Nothing really changed since last report. Nope, we're not listed on Stakecube. And I don't think we will ever be. It doesn't mean, this project is to give up this easily.
What's up on stakecube?
They're redesigning their trading application and site in general, which isn't bad per se, isn't it? If you have funds for redecoration, it means you have enough cash for your basic support. Their Twitter account became active again posting a few tweets in support of PEPECOIN (PEP) being listed on MEXC and the project account being reinstated on Twitter. I don't believe in solidarity of crypto geeks, so it's safe to assume Stakecube's staff loaded their bags with this PEP (https://pepecoin.org).
It's still in the green, but I bet its going down... It's PoW without any major additional usecase. It's not Hive
What about Cube4stake?
I must admit that I made unfortunate decision - I delegated more HP to @terraboost, which isn't bad in itself because it's more efficient than my curation APR. The rest of account's HP, I delegated to @empo.voter and it didn't turned out as expected - the EMPO met its end, but I thought, the income would be greater than it used to be before (see the charts from hivestats below). So all in all, we may add to the project's total value is bigger by $0.28 :D I just hope I'll keep my wits with this whole wealth.
In last reports, I asked the community for a direction and got one or two. They're still valid and taken into account, but I the way Hive operates, allows me to continue with the project and to let it grow. BUILDL.
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.
Last report for comparision:
| Asset | Quantity | Value in USD | Change since last report |
|---|---|---|---|
| HP | 231.949 | x | +10.507 |
| HBD | 34.66 | x | +3.656 |
| TOTAL | x | $ 110.76 | +$3.12 |
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 22 100 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'
- Hive securely connected with Bitcoin (check @vsc.network and @v4v.app) and other blockchains. It's second layer
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.