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RE: SHEKEL Abound!

in FaithHive10 days ago

Shekel halved with halve value providers before halving shekel machine broke or something.

Source: https://peakd.com/hive-103153/@shekelcoins/halving-of-shekel-6sc

When reading ambiguous words, one might draw the wrong conclusion.

I see this addressed again, with more detail.

Source: https://peakd.com/hive-103153/@shekelcoins/shekel-by-faith-4qs

So basically both shekels are yet more memecoins with no plan and we're all wondering and wandering what they are good for.

As for me, I buy hive-engine tokens Just For Fun! I expect them to have No Value. I just like collecting things. If others are buying with the intent of profiting, then I wish them Good Luck! Maybe some will profit from me buying their tokens, that's cool! I hope we can all Have Fun!

Wishing everyone all the best!

!ALIVE !BBH !UNI !PIZZA !LADY

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The SHEKEL is a tribe token. SHKL is meant to be "money" in a loose sense with some kind of value. SHKL had a value to itself, then SHEKEL came along. Not fully sure how to value the SHEKEL part resulting in "Shekeling" LOL. Will revisit. Would say you got in at a good price. SHKL was priced relative to @shekelcoins treasury wallet holdings. Yes seemingly memecoins for all intensive purposes, sounds good.

Just for reference for those who don't know, I'll drop this here:

A shekel or sheqel is an ancient Mesopotamian coin, usually of silver. A shekel was first a unit of weight—very roughly 11 grams -and became currency in ancient Tyre, Carthage and Hasmonean Judea.
Source: https://en.wikipedia.org/wiki/Shekel

Make it a token based on the Real World Asset - price of Silver (like SLV), similar to the new TGLD which isn't based on gold itself but the Gold ETF GLD. That would be cool. Tokens pegged to RWAs are IN now, while MemeCoins are OUT. Maybe. Who knows! :)

Great idea! Gold and/or silver Shekels!