Hello, we have a double announcement today, never a dull moment at LBI.
1/ LBI HARDCAP AT 20.30 UTC TODAY!!
2/ Snapshot for CUBLIFE airdrop at 21.00 UTC TODAY!!
Ok, that is today's post. Thank you very much for reading through it. If you have some feedback, slap it in the comments below, have a great weekend.
Ok, so on second thought, might be a good idea to show hows these are looking in the final hours. First up, we'll look at the LBI token hardcap and then CUBlife after.
LBI token hardcap
Many will already be aware of this but for those that are not, the LBI token is hard capping this evening in around 9 hours. That gives you 540 minutes to get in a last direct buy from @lbi-token for 1.20 each and it'll only take you 1 of those minutes to do it. Anyways, that's the last cheesy sales line pitch you'll hear from me (about LBI) 😁😉
At the time of writing, there are currently 224,477 in circulation. We might issue a few hundred more at best so I don't think this will increase that much. We're looking at a total hardcap of around 280,000 after content team rewards are reserved. These reserved tokens are only issued when the LBI token hits certain prices as part of a performance-related incentive to ensure that investors are in profit before tokens are issued. The lowest target is 1.20 LEO per LBI token and the highest target is 5 LEO per LBI. Rewards are also weighted to receive more as the price increases higher so fewer rewards in the beginning.
Daily LBI price on our discord server
Starting from this Sunday, I will be uploading a daily LBI token price to the discord server here's your invite. I will be doing this so token holders have more of an up to date token price. This will help when deciding on buying/selling from the exchanges. Remember that LBI tokens are 100% back so if I say they are worth $1.00 each that day and someone is selling them for 80 cents, well....would you pay 80 cents for a $1? 25% instant paper profit! thank you. So, I'm saying if you monitor the LBI token price, you might be able to stack up at discount. It pays to pay intention cause you can see spots things other don't.
Apart from that, tomorrow earnings and holding report will confirm the final hardcap number.
LBI HARDCAP @20.30 UTC TODAY
send LEO to @lbi-token
1 LBI costs 1.20 LEO
Last chance
CUBLIFE snapshot
When the hardcap is sorted, we will mark the occasion by taking a snapshot of LBI token holders for our soon to be launched CUBLIFE project. Any token holder with more than 10 LBI token in their wallet will be eligible for the airdrop.
The plan was to airdrop 1 week after the snapshot but on second thought, why? We'll aim for Monday sometime and LBI token holders will get 10-11 days in before everyone else. This will result in an extra dividend payment so you'll prob be happy to hear that.
The airdrop will be small so don't be getting your hopes up. Just thought it would be a nice idea for all LBI token holders with voting rights to receive a few of each token project we release so that everyone is involved.
CUBLIFE (CL) Pre Sale update
It has been 1 week since the announcement was made we've pulled in a few thousand dollars worth of HIVE and LEO. Seems to be mostly LEO transactions witch is odd as I thought I would have been mostly HIVE. I would expect more people to get into this closer to the launch date.
CUBLIFE timetable
- Presale ends 20.59 UTC 20th May
- LBI CUBLIFE snapshot will take place at 21,00 UTC 7th May
- LBI CUBLIFE airdrop will take place at 21,00 UTC 14th (sooner than that)
- First LEO dividend payments go out at 21,00 UTC on the 21st
- Presale ends at 20,49 UTC and CUBLIFE tokens are distributed at 22,00 UTC 21st May
- Dividends are paid every Friday at 21,00 UTC
- From 100% of earnings, 50% is paid to CUBLIFE (CL) token holders, 40% is reinvested to increase future payouts and 10% paid to @lbi-token as an operators/host fee.
Here's an update for those that sent funds to confirm that their transfers have been seen and are recorded.
Authored by @silverstackeruk