When users build projects on Hive we all win!
It’s Sunday in my part of the world, and fall is giving way to winter. I have two projects on Hive, and I am writing thus status report, to showcase what I have built and perhaps encourage someone else to build something here on Hive too.
Thank you to all the developers here on Hive.
Hive is their gift to us. Now what we build on it, is our gift to them.
I think of this every time someone says Hive has fast, free, transactions. Those words mean very little to us raised on Steem and Hive. Transactions have always been fast, and free.
But the experience of builders and users on the Ethereum blockchain of spending 20 to 100 dollars to perform a transaction is completely foreign to us. Yet builders and project users there deal with that reality every day.
Two Projects: No Loss Lottery and EasyDeFi
First: No Loss Lottery Week 25!
A brief summary of this project would be:
- The No Loss Lottery is a Savings account, which gives you the chance to win large prizes every Sunday.
- Tickets cost 1 Leo, a tribe token on Hive-Engine, the side chain of Hive.
- I keep a ledger with a number assigned to each ticket.
- A random number generator is used to pick five numbers between 2 and 5029.
- ‘It’s smart like a savings account, and fun like a lottery ticket.
This week’s achievements include:
- I awarded 234 Leo in prizes.
Five Prizes total, the 1st, 2nd, 3rd and 4th prize was 50 Leo and 5th prize was 34 Leo. - This week we sold our 5000th ticket!
So far 5029 tickets gave been sold.
Future Plans include:
This project will one day be:
- An automated Lottery Project
- And one day be run by a DAO!
- Perhaps I will be an IDO on Cubfinance one day.
Second, Easy DeFi Week 13!
A brief summary of this project would be:
The ability of anyone with capitol to become a liquidity provider on a decentralized cryptocurrency exchange, and earn profits daily, is one of the ultimate achievements of decentralized finance. However it is very complicated. The process is usually summarized in 10 to 12 steps. EasyDeFi makes this a two step process; you send your capitol (minimum 100 Hive or 100 Leo) to the @easydefi wallet, and the @easydefi wallet sends your earnings to your wallet on Leofinance every week.
This weeks achievements include:
- Reaching my goal of 19,000 Leo in the Easy DeFi pooled investment pool!
- Yes, this week we hit 19,444 Leo invested in the project.
- Plus investors received more good news of the PolyCub AirDrop which means Free money.
- Lastly Cub increased in value from 0.55 to 0.72 this week, do investors saw a large increase in their earnings.
- All things considered, a very profitable week for Easy DeFi investor.
Future Plans
- I look forward to announcing our project hitting 20,000 Leo in TVL next week.
- I look forward to more growth as word of mouth spreads news of our program, and look forward to more big news about Leo Mobile, Polygon Cub and Leofinance Micro-blogging.
Learn more.
Learn more about @easydefi here
Learn more about the No Loss Lottery here
The End for now….
@shortsegments
About @shortsegments
Content creator and project builder
Shortsegments is a writer focused on cryptocurrency, the blockchain, non-fungible digital tokens or NFTs, and decentralized finance for four years. He has been a Hive community member from the birth of Hive as a hardfork from Steemit. He has earned a reputation of 75, on a scale of 0 to 80, which puts him in the top 300 of over 320,000 Hive accounts.