You Can Buy Portion Of Bitcoin - And Portion of LENM

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Hive Cost Average Get your cut!.jpg

Like we said in our previous post and inside our Discord Server, we will use this time between the publishing of the wallpaper and Liotes Mills (LENM) sale for creating content about the project... We want to explain our vision, idea of how we plan to develop the project, and how you can join (and earn) us on this blockchain adventure... Maybe we will repeat ourselves in certain points inside these posts, but that's just because we want to emphasize the importance of some aspects that make a big difference on a larger scale...

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When we are presenting Bitcoin to our friends that are "out of the crypto-world", the usual answer is... "I can't afford dozens of thousand dollars to buy a Bitcoin"... I think that the creator of Bitcoin had this mentality in his mind when he was creating it and used it to show the value of the scarcity of Bitcoin... There will be no more than 21M BTC ever, and the real number will be a couple of millions less because of lost keys, and other circumstances... Also, there are theories about 8 decimal places in BTC price... They say that it's designed for the value of 1BTC = $1M, which would lead that 1 Satoshi = 1 Cent... Anyways, you CAN buy a portion of Bitcoin...

I have found one article that says that only around 600K wallets (wallets, not people... some people own more than 1 wallet) own more than 1 BTC, all the others are under 1 BTC... According to this post around 11% of Americans currently hold bitcoin, which is still a very low number...

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Like Bitcoin, you can also buy portions of most of the cryptocurrencies... Like others, we will offer Liotes Mills (LENM) for sale with 3 decimal places, which means that you can buy, for example, 33.333 LENM on the market, or even 0.441 LENM... For some, our entry price for LENM can be too low, for others it can be too high, so for that reason, we have created the option of buying just a portion of the miners...

We know that a lot of people like the dollar cost average strategy for getting into some cryptocurrency project, so this option is perfect for them, and they can do a "hive cost average" tactic with LENM... If you would like to be a part of the project, you can buy only a portion every day/week/month and reach your goal...

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Why do we want you to understand this?

Well, we have designed the system in a way that early adopters will benefit the most from the project... As mining tokens on the Hive-Engine second layer is a kind of "mining lottery", early adopters have more probabilities to mine LEN tokens... In the beginning, there will be fewer Liotes Mills (LENM) in circulation (and staked) and the early adopters will easier mine base tokens, and even these "portions" of LENM can help you to mine more... Did we mention that we will have discount for the first 5000 LENM and they will be sold for 4 HIVE? The regular price after that will be 5 HIVE.

A smart contract mining pool was created on the second layer of the hive blockchain. Every hour 20 LENM are rewarded with 0.3 LEN each. This means that per day 144 new LEN tokens are issued. The weekly supply will be 1008 LEN tokens.

Get in early and reserve your seat!

Stay tuned and follow the channel as tomorrow we are going to explain the magic aspect of the project that lies in its economic structure...

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Liotes

A project run by @ph1102 and @achim03

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36 comments
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I am already accumulating my Hive and can't wait for it to be released . I will buy as many as possible .

5000 LENM * 4 = 20000 HIVE. I also looked at the whitepaper and it was very convincing .

I have my script ready to do some data analysis over Miners / rewards etc . Can't wait for March 9 . I guess I am as excited as you are lol

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I have my script ready to do some data analysis over Miners / rewards etc . Can't wait for March 9 . I guess I am as excited as you are lol

I don't know it is possible to be more excited than the creators, but I believe you... :) I hope that everyone interested will have a chance to buy early in...
We have some possible "serious" investors, but they aren't speaking in public until they buy their "cut" :) :)

Thanks for the support!

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I don't know it is possible to be more excited than the creators, but I believe you... :) I hope that everyone interested will have a chance to buy early in...

I think it's very project and we're all anticipating.

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Early adopters get a discount so it means they could also buy early and sell out if they don't like it. The project looks solid so I hope it doesn't sell out right away and I have a chance to grab the early price of 4 HIVE each.

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Exactly! It's what we were talking about in other comments... You have a chance to "test the water" and if it's not what you have expected, you will probably sell with a profit later... As price will not be under 5 Hive after this first batch...

Thanks for the comment!

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I'll be waiting up to nab a few. I don't remember is there just one token?

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Yup... You will have to hunt down the LENM tokens... :) And stake them asap to mine those juicy LEN tokens... ;)

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I just hope I can get my order in before they sell out ;)

Otherwise it will just be another BULLSHIT project ($BST)

(just kidding - I'm looking forward to getting in early - I haven't found anymore $hive just laying around yet - I'm trying to dump my $BST like the turd that it is LOL)

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hahaha... We will see how it goes at next Tuesday... ;)

I'm trying to dump my $BST like the turd that it is LOL

That sounds really bad... lol...

Thanks for the support!

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Well, I think you both already know how excited I am to grab my share of the $LEMN! Getting some HIVE together already he he....so my seat is spoken for....;)

This is definitely a good project for anyone to jump in & try out. The foundation is already being laid down as the days go on so this makes it that much more enticing... it looks like there will be something for everyone as time goes on!

It's only the beginning of an awesome adventure! :)🧡

!WINE

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it looks like there will be something for everyone as time goes on!

I couldn't agree more with your comment! That is one of the ideas that everyone has something from it... That doesn't mean that we will go too much wide, but rather that we will try to hit that bullseye that people want!

Thanks for all your support!

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Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

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Congratulations @liotes! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You received more than 300 upvotes.
Your next target is to reach 400 upvotes.

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Check out the last post from @hivebuzz:

Feedback from the March 1st Hive Power Up Day
Hive Tour Update - Financial stages
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SOunds really beautiful to read this peace which get's our hearts ready for the Liotes Project. When would we have a roadmap for this project?

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As Achim said, you can check the link bellow for our Whitepaper... Regarding the roadmap, we have our "internal" version, and it has some unique ideas that we aren't ready to reveal yet...

Thanks for your interest!

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I’ll save up some hive. Excited for this project.

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That sounds wonderful :-). Happy to have you on board!

!ENGAGE 20

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