Unfortunately I didn't post enough this last month thus don't have enough to fully take part in #hpud. This time I was only able to power up 8.7 Hive. As for the main target of this account and the whole project - the guy I was talking to was let go from Stakecube so the idea of listing Hive on stakecube is even further away that it was 3 month ago. Due to my lack of posting I wasn't able to beat the market and the overall project value in dollars has decreased but not significantly and we're still above $70 mark. I will continue with this project, but I have little hope in it succeeding. I didn't return or burn the funds becaus the reponse to my querries to community have been inconsistent.
Piggy Bank Report proper part
Welcome to my stakecube piggybank report. My aim (now known as the Plan A)is WAS, I guess it's IS again, to collect enough funds to make stakecube list Hive on any of their markets (StakeCubeCoin or BTC). But since Hive does not pay for being listed, we are going to pay stakecube users directly via community faucet. We don't need to raise thousands of dollars to make it worthwhile. If we won't succeed by 31st May 2023 all the funds will be returned as stated in rules - I don't know if that's a valid option anymore.
The rules under this account operates can be found here.
There's a slight correction - I mean all the posts will be published with 50/50 ratio and H-E tokens will be converted into HivePower.
How much did we raise? The best thing is that we can only go up from the start, in terms of Hive. Of course, in terms of dollars the raised funds may decrease, but since on Hive you can put your funds to use without entrusting them to anybody I hope I can beat the bear market.
Let's head on to the numbers:
| Asset | Quantity | Value in USD | Change since last week |
|---|---|---|---|
| HP | 147.63 HIVE (+15.616 HIVE) | X | X |
| HBD | 17.241 (+0.721 HBD) | X | X |
| TOTAL | X | 70.36$ | -1.36$ |
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 14 840 claims.
SOL donnors list
This list will be updated:
- @jocieprosza 14 SOL
- @sk1920 5 SOL
- 3 @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 40k 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,
- 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'
by @jocieprosza
P.S. If you have any questions, please do ping @jocieprosza so that I won't omit the message.