 | LOOK |
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I now have a definitive plan in place moving forward.
I am starting the first stages of the token's distribution now. :)
| LookPlz |
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"LOOK, please!"
As you wish. :)
The first batch of LOOK tokens will be going onto the market today.
There will be a total of 20 Million tokens up for sale. These will be sold at a rate of 0.0001, so that I can reach the next mark needed to enable staking sooner.
Once staking is up and running, I will be setting up the front-end for the LOOK token.
| Batch 1 | 20,000,000 LOOK tokens |
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| 20,000,000 LOOK | Price: 0.0001 Steem/Ea. |
Once enough funds are raised, staking will be enabled immediately.
| Airdrop 1 | 1,000,000 LOOK Tokens |
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The first half of the first airdrop will be commencing after this post has paid out. That means you have a whole WEEK to participate!
To help ensure that more people are able to receive part of the first airdrop, the second half will occur at the end of the payout of a second post I will make to remind people of the ongoing airdrop.
The airdrop will not be done like the usual airdrops.
Usually, airdrops are just tokens being handed out to a massive group based on predetermined conditions like holding a certain coin or using a certain tag, etc., not based on demand for the token.
You will need to actually participate and engage with this post.
That is how you are put on the list to receive your share of the first airdrop.
If you do not at least comment on this post with something, then you will not be included in the airdrop.
That means that only the people who comment on this post and engage, only people who want LOOK tokens, will be getting a piece of the airdrop.
I believe this will ensure that the people who are receiving the tokens, are people who are actually going to be active and make use of them.
Most people get a ton of a token and then dump it off as soon as they do, just to get rid of it because they don't want it. What this does, is causes and incredibly low price and puts a decent amount of the supply into the hands of those who don't want it and wish to sell it off quickly, dropping the price significantly and thus, demand or faith in it.
By providing the token to only those who have made an effort to get some, I believe I can counter this effect to some degree, by having a better chance of retention for those who hold it.
All you have to do is comment. Engage. Then you are in the airdrop. :)
| LookPlz.com |
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I have acquired LookPlz.com as well!
This is an amazing domain and I'm glad I was able to scoop it up! At a great price too! :) I will be using this for the front-end when it is ready to go! I will also be advertising my website to the public and promoting blockchain tech as well as steem and steem-engine directly! Not only do I want my investment to be worth more, but I want my own personal token to do well also. That means I will need to put in the work, the effort, to promote it! Happy to do so. :)
| A little info. |
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Staking:
Staking is on it's way to being enabled and if the market does not have enough demand to enable it, I will purchase the remaining required steem-engine tokens to enable it, at my earliest ability.
Once staking is up and running, I will be setting up the front-end for the LOOK token.
Mining:
There will be no "mining" of the LOOK token. It will simply be distributed through traditional means of social media. (Posting, commenting, etc.)
Since it will be layered on top of a blockchain that already has sufficient "mining" capabilities, there is no need for it when it comes to the LOOK token. This may be subject to change, depending on feedback from the community over time, but I do not see that happening and even if it does, there will be a small amount of basic miners, none of the 4x whatever mining tokens that you see out there. Things will be kept simple when it comes to LOOK.
Supply:
The supply is incredibly high, but that is because I am considering long-term growth and I want there to be enough tokens to accommodate any large growth, as well as to be able to support any projects that I see major potential in.
I will only be reserving around 4-8% of the total supply, for said support of projects. (The community will be consulted over time about what % would be a fair one.)
Airdrops:
There may be a few airdrops from time to time as well. (Clearly. :P)
I do not want to constantly be airdropping this token, as I would prefer it be earned/traded/used more and I feel that when you are constantly being supplied with something that you will not seek it out as passionately. This should (theoretically) increase the overall demand for the token over time.
Community:
I believe that you, the community, should be involved in the future of LOOK. I think that if you are, you will appreciate the token more and it will have more value to you. How many times have you had ideas that others didn't listen to? That you think would have truly helped out? How many times have you tried to change things when it comes to steem, even? What have your results been? Have you been heard out? You will here. Obviously not every idea can be implemented, but every idea will be heard and will be responded to. Even if the response isn't ideal... I feel that some feedback, is better than being ghosted or ignored altogether. You, the community, are what makes steem and all of these tribes that are popping up, what they are. Why should this community be any different?!
Content Types:
I wanna take a second to talk about something I haven't yet touched on and that is "What types of content/tags will you be using for the LOOK token?" The answer is: Various different ones.
The idea behind my token, is that we can share in a smaller batch of tags/content, but still have a nice variety. I see all these niche communities coming up, which is great and all, but I just feel that when you limit yourself to a single topic/content point, it limits your potential significantly. There are, however, exceptions to this belief I have! Gaming and Sports are two very big ones, that contradict this. That is why I am invested heavily into gaming and I am moderately invested into sports. They are both booming and even though they are niche, there is unlimited potential for creative ability in them and for the ability for any given match/round/game, to end in any number of ways. Every game is different and that is not always the case for some topics. Sometimes there is only so much to talk about. That's where I want the LOOK token/community to come into place. By having a variety of tags/content choices to choose from, you will not only be able to earn LOOK by posting about different content, but you will also have a slight bit more variety as to what you'll be seeing on your trending/hot pages. It may not all be relevant to what you like, but it will indeed have variety and shouldn't be too hard to find what type of content you're into.
The actual types of tags are TBD by me still, as I need a bit more time to do some research into what tags are most popular and why, as well as if the content that makes those tags so popular is actually quality and not just spammy posts. I can say though, that gaming and technology will all be included, as these are immensely popular and have large audiences from all backgrounds. I am not a big fan of sports and people tend to post a ton more about sports, so I feel it will be spammy, thus, I have excluded that from possible tags. (Sorry sports fans! SportsTalkSocial is great though!)
| Discord |
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My discord is: LookPlz#7496
Please, feel free to contact me whenever, about anything!