FWIW and something many have accused me of in chats or dms, the only airdrop I got from POSH has been something like 1600 tokens when it went live. I haven't given myself a premine or anything which looking at the richlist would make you think. I'm not sure the amount of Hive I've put into it but I kept buying tokens so they would have some value for those sharing who wanted to earn Hive to trade their posh to.
Over time I decided that it would probably be best to change things around a bit and I then started the delegation to earn scheme of POSH where instead of just giving 500 tokens daily to sharers it would give 20% of them to delegators. This helped those who wanted to get invested to earn some daily because the markets were always illiquid on the sell side so if you weren't checking daily to add some buy orders you most likely never were able to buy a bigger bag in one go (as shown by some tweets where I only spent 30 hive to pump the price by 200k %).
Then later I decided to also vote up the daily posts a bit more so the poshtoken account could become selfsufficient and remain "community funded" where it can afford to hire and pay devs, artists, etc, so the project can grow over time to do more things while most of the value would still go to holders and sharers. I trust that people trust that I wouldn't do anything stupid with the amount it is collecting and receiving from the rewardpool because like most hivers who do well here our reputation matters way more than a few thousand $.
That being said, if something were to happen, either to me or to the project where it would not continue to evolve or grow and the funds wouldn't be needed. It would either give everyone a chance to sell their holdings onto the hive and hbd it holds, or just directly send everything to the DHF, whatever the community deems fair. I'd even consider just holding the amount of tokens I've bought up and sink with the ship because I feel the effects it may have had towards traffic on our frontends may have been worth whatever Hive I've put into it to keep the price something worth sharing and incentivizing others to.
So yeah, invest at your own risk but be aware that the risk may not be that high if push comes to shove, there may be a "bail out" if you will or the project may just end up sucking and no one caring about future additions.
Best case would be if hive took a serious turn and it allowed poshtoken to do a lot more cool things by hiring more devs to work towards it, or if more people delegated and placed some serious buy orders and held the tokens. In general it is quite a decent token with upside potention since a lot of it has already been burned from supply cause many still to this day share posts properly to be eligible for POSH earnings but are not registered and more and more people are starting to share thus the daily reward is getting diluted and making it harder for people to earn as much as they did maybe a year ago. Who knows when a big influencer were to join and start earning 50% daily cause he gets 1k likes per tweet or something like that. On top of that poshtoken is also buying back a lot of tokens to reward NFT holders in the future in a form of staking, these will be tokens that have been bought up going back to holders rather than just issuance of new tokens so for holders who continue holding it will mean even less sell pressure in the markets.
Anyway, comment got way longer than anticipated, should've just made a post. :p
Actually glad that you published a long and elaborate comment tbh. Other readers that see it will gain some insight into the POSH project for themselves and whatever misconstrued views they have would be ironed out in the process.
People are weird sometimes. You've earned exactly 728.27666038 POSH tokens, not even in the top 20, so it is clear there's no preferential treatment by the system. All this information is literally just there, available for anyone to see.
Personally, I like the idea behind POSH. It is one of the main reasons I decided to get active on Twitter.
Your reputation is a big factor behind my desire to get more tokens and just pile them up for the future. I'll just keep placing buy orders until I climb up to the top of the rich list and become a POSH sugar daddy lol.
I like the evolving hive-based value accrual mechanism. In fact, other than your reputation, knowing that the team behind the project intend to continue building around a token is a total green flag for me as well.
In any case, I think, just like BRO, POSH could derive value through a variety of revenue sources on hive and beyond. Our only limitation is our imagination and whatever magic our devs can conjure.
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