WEEKLY WITNESS UPDATE
Yes, so far in 51 days since I started @thebbhproject Witness, it has been an awesome ride.
I have received more support in a short time than I ever thought possible. Thanks to each and everyone of you.
But I got a feeling that it is about to slow down. It has not yet. Thankfully :) Maybe, maybe not, as I will keep working on getting support. I am not afraid to ask. No ask no get! As the saying goes.
Lets look at where we are at after 51 days.
260 supporters in 51 days. That is up 20 supporters in 7 days. Amazing.
One thing I wanted to point out, no account is to small to support. In the graph above, the one on the right with the purple. The olther colors are the top 10 voters. You can see how the other 250 are almost making up 50 percent of our support. That is power.
WHY SHOULD YOU SUPPORT THIS WITNESS
Below is a copy of the White Paper I wrote last week:
MISSION STATMENT
Make the BBH token the most profitable income token on Hive
BBH INCEPTION - 25TH NOV 2020
History
Like any business or project on Hive it evolves over time. It started as a tipping token and income token.
Back in the day HBD was not much talked about as a stable coin. And tipping was all the rage. So I thought I could do both. This is how basic it started.
Today
I have building on my concept, as I like to say, building the foundation, adding bricks to the foundation. And they all feed into the mission statement.
The BBH token only needs to be owned. No staking, none of that. Just own it.
TIPPING
In a 24 hour period, reset at new day UTC. There are currently five levels of tipping.
Level 1 = 1000 BBH holdings = 1 tip per day you can send
Level 2 = 5000 BBH holdings = 5 tips per day you can send
Level 3 = 20000 BBH holdings = 20 tips per day you can send
Level 4 = 50000 BBH holdings = 50 tips per day you can send
Level 5 = 100,000 BBH holdings = 100 tips per day you can send
The tipping command is !BBH
I should state that a few months back an addition was added to the tipping bot. Now when you tip someone a BBH you also get one. And the bonus is it does not cost you anything. There is a central pool that the tips come out of.
INCOME TOKEN
Saturdays are what I call Drip Day. This is where you get your passive income for holding BBH Tokens. As of this writting:
If you own 10 or more BBH tokens you got a drip of swap.hive.
If you own 5,000 or more BBH tokens you got a drip of swap.hive and the PIMP token, and CTP Tokens.
If you own 10,000 or g more BBH tokens you got a drip of swap.hive, PIMP, Alive, CTP, and LEO tokens.
All just for owning BBH.
There are four ways you can get BBH.
First you can buy them from the open market.
They can be tipped to you.
People gift them to you.
By owning the BBH Miner.
THE BBH OUTPOST/TRIBE
To help make The BBH Project well rounded I also launched www.thebbhproject.com Tribe. Our own front end with its own token BBHO.
I currently have a couple coders that over time will be changing and adding to the front end.
I don’t like putting the cart before the horse, so lets just say I have ideas and plans for the Tribe, but like everything when you are building, things seem to go a lot slower than you wish. Stay tuned.
THEBBHPROJECT WITNESS
I launched the witness for two reasons. One is my belief in Hive, you cannot have to many witnesses.
Two is that I am going to use the income from the witness to feedback into DripDay and my mission statement.
For example when drip day started I was only dripping swap.hive in the amount of 5 per week. That is now up to 40. As we move up the witness ranking and we make more income that will also go up.
I believe anyone owning or belieiving in BBH should be supporting and pushing others to support our witness.
CHIA MINER.
If you dont know what that is, www.chia.net to read all about it.
I run a miner out of my house. At the moment I am 2 to 3 years away from being in profit and good return on my investment of hardward. But once I am, I will also be channeling those funds into BBH Drip day.
PORTFOLIO
I am also, always, expanding my portfolio on Hive, looking for good returns from other projects. And this income source will also go into DripDay.
WHAT IS IN IT FOR ME
I get that question a lot. I am a long term, future looking person. I never made this project or came to Hive for a quick buck, get rich quick. I am looking out 5, 10, 15 years.
Once I get DripDay rocking, income sources extreamly stable, then I will worry about me.
I am no different than anyone else, I am in this for profit. But that will come.
Ask anyone that has started a business. They will tell you that you don’t make money the first few years. You are investing your time and money into it for the future.
I think that is about it.
Questions? Feel free to ask.
Bradley
If you are a holder of the BBH token here is what I wrote a couple weeks ago of why you should be supporting and promoting the witness to get more support.
WHY BBH HOLDERS SHOULD BE SUPPORTING OUR WITNESS
If you don't know, and if you read any of my @bradleyarrow and/or @hive-112281 long form posts you should know, my MISSION STATEMENT is to make BBH the most profitable passive income token on Hive.
I been working on this in the back ground for almost four years. Since my wife passed away on 21st June this year I have gone into overdrive trying to do this.
I have a lot of foundation bricks that over time will make my mission statement come true. But at the moment @thebbhproject Witness should be the number one priority for all BBH Holders and those who love getting their Saturday Drips(passive income).
At the moment I am paying out 40 Swap.hive a week. Really not much. I just did some quick math. If someway, some wonder way, we could get into the top 20 Witness level I could easyly have that up to 2,000 or 2,500 swap.hive a week. Just with that type of witness support.
I also have other investments in other projects on Hive, like many people do that is generating income. I keep working on growing that as that will feed into BBH also.
I think long term, really long term. Another big brick in the foundation is my Chia Miner.
I have changed minning pools. The new one is better :)
I am aprox 2 to 3 years from being profitablity with my miner. I keep adding to my hard drive farm. I am at about 90TiB in. Once my miner starts producing blocks thus rewards more frequently I will be channeling funds from Chia to Hive and to the BBH holders.
I hope you are getting the idea here, of where I plan on bringing BBH in the future.
It is going to be an awesome ride.
But I cannot do it without your help, community support.
Let us get at it, let us move @thebbhproject Witness up the ranks.
Bradley