ALIVE Token Ideas - About Parameters And Distribution - Luke Is Alive Day 30

in DTube2 months ago (edited)


Here I talk about the ALIVE token, and my ideas about the parameters and distribution of it, plus I find Luke 1 time in PistolPackingMama.


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Hi there and welcome to my vlog, my name is Erik Gustafsson and I go by the handle @flaxz on Hive, CTPtalk and DTube.

ALIVE Token Ideas - About Parameters And Distribution

So I have been making quite a bit of research into the workings of CTP and LEO, and I think that we should find a way to set the parameters and distribution of the ALIVE token to something similar.

In this post @jongolson has published the parameters for the CTP token, The CTP Token - Transparency Report, and many of those are just copied from LEO, with some obvious differences.

  1. So first of all I think we should have 50% to authors and 50% to curators in distribution, plus go with a linear rewards curve to have more manual curation and engagement.
  2. The CTP token has just below 4000 tokens issued each day, and my idea is that we go with half of that, my thought is that it will make our token more valuable early on, or is that just silly?
  3. I also think that the initial airdrop to participants in IAAC and the Luke contest, plus to people that helps funding this will be the equivalent of one years token distribution.
  4. I said in the video that I was a bit sceptical to miners, however after thinking a bit more we might use what we get from selling those to fund the Alive Engagement Contest, though we might still have to launch that later.
  5. @spinvest made a post about funding a new tribe, Start our own Tribe - Get funded by @spinvest and I think we should explore this, but we will move forward regardless of if we get funding or not.
  6. In addition to the 3000 BEE needed to launch with Staking, Scotbot and Nitrous, we also need to stake 1 BEE for every active user, so the question is if we need 500 or 1000 BEE more for this.

This is my thoughts and ideas so far, what do you think?

Enjoy Watching The Video!

Luke Is Alive Day 30

Luke is a very alive figure, he travels around in Listopia, and you need to find him so he can help you to build your email list, it's a Scavenger Hunt from ClickTrackProfit, see the Luke Is Alive Community about how the daily contest works.

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Screenshot from CTP

This is Luke in person.

I Found Luke

So today I found Luke 1 time in PistolPackingMama after surfing 43 pages, and in the video above you can see a screenrecording of this, and in the screenshots below you can see the start of my hunt and then finding Luke 1 time.

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So that was my hunt for Luke for today, and in this TE I promote my LCP's for Mobile Cash Formula, which is my 42 day email course on how to create an online income in a mobile friendly way.

Thank You!

Thank you very much for reading this post and watching the video, I hope you liked it, leave your thoughts in the coments below, and ...

Stay Awesome!

Sincerely,
Erik Gustafsson

My profile on PeakD

This is my own personal opinion, do your own research before investing, and seek legal counsel if uncertain.


Credits For Music

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Royalty Free Music from Bensound, track Hey!

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Music: A Strange Feeling - Musician: Michael Ramir C. - URL: https://mixkit.co/


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@flaxz


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Spinvest is a good to explore....
Best if luck my friend...

Thanks a lot, and yes I do plan to contact them too once we have a solid plan laid out.

My pleasure....

Hi Erik,

It's great that you plan to build this community and the token. I was thinking about a similar project as well but I got kind of discouraged by the condenser that hive-engine is proposing. It's the same front-end, that everybody is unhappy about I believe. I think it would also be an option to simply use normal front ends and then use a specific tag like alive. Like that you can save the nitros basic cost and the staking fees. Just my two cents :-)

Thanks Achim, yeah if there where any other frontend around to use, I know Blain is working on one for CTPtalk, but if we can use another frontend we would also have to host it ourselves, now Hive-engine takes care of that while we just need to stake BEE in relation to how many active users we have.


!ENGAGE 20 - Thank you for meaningful engagement in our Hive Community.



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Thank you for your engagement on this post, you have recieved ENGAGE tokens.

Those are not my area of expertise and I don't have clear idea about all of the "things" here. But here are a few thoughts:

it will make our token more valuable early on, or is that just silly?

It's not silly. If limiting daily token issue increases the value of a token, then it should be limited. No need to be like SPORTS token, millions in account but little value.

we also need to stake 1 BEE for every active user, so the question is if we need 500 or 1000 BEE more for this

If, in a later time, it can be raised, start with 500 is OK I think.

people that helps funding this

Can community members participate in funding? With tiny amount?

Thanks for your thoughts Hafiz, and what I have seen value per token is good for perception, and 500 BEE should be good as a start considering all the numbers, but it will need to increase, and yes I am working to find the right amounts to give to people who help to fund this, and I am thinking that a set slice of the initial airdrop will be split between funders in relation to what they have contributed, what do you think?

There should be something as a token of appreciation for the funders. Is funding open for us? If yes, how to contribute? By giving hive or BEE?

So funding will be open once the draft has been published and we have then taken all that and put it into a white paper, and funding will be in BEE tokens since that is what we need here.


!ENGAGE 20 - Thank you for meaningful engagement in our Hive Community.



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hello dear friend @flaxz good afternoon
You are doing an incredible job of research, without a doubt you will find the best way to launch our own tokkens. Success dear friend
I take this opportunity to wish you a long afternoon

Thanks a lot @jlufer, and I am glad that you like what is coming, the draft will be published in a few days from now.


!ENGAGE 20 - Thank you for meaningful engagement in our Hive Community.



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@elianaicgomes - Tipping General


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what can I do to help with this project? 😊😊 I like the idea of $ALIVE token 😉👍🏼

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Thanks a lot Rosyel, once we have worked out a plan for airdropping and what funders will get in that then you can help by contributing BEE tokens for this.

I wish you all the best and "Spinvest" is really doing a great work by giving the people opportunity to monetize the idea.

Thanks, and yes I plan to contact them once a solid plan has been laid out, I have seen them around even if I don't know a lot about them.

hi Erik (@flaxz),

Will the new alive token be used for engagements or for actual post voting when used with a predefined tag? basically use case for the token

I like the idea of linear rewards curve and 50-50 distribution.

Criteria for Airdrops to all the participants on IAAC and Lukeisalive individually or as one.

Hi there Farhad, so first of all this will be a full tribe with a domain and a tag to post there, and yes linear and 50-50 seems to be working best I think, and as to the airdrops we need to work out those details up ahead, but as I said I think a one year token distribution on launch is the right way to go.


!ENGAGE 20 - Thank you for meaningful engagement in our Hive Community.



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@elianaicgomes - Tipping General


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Thank you for your engagement on this post, you have recieved ENGAGE tokens.

Well done completing the Scavenger Hunt Erik, you have earned 6 tickets for the daily and weekly drawing.



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Thank you very much Mike and Team Luke.

Your current Rank (52) in the battle Arena of Holybread has granted you an Upvote of 7%