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RE: Monday... BLOODY MONDAY! Hive.Loans Update & News on v0.1.0 Beta Testing Inside, New HIVE FinTech Coming Soon™!

in LeoFinance3 years ago

Extensive details about the project, progress & targets. Great Work. I would alsl love if major stakeholders consider voting for HSC as It is the Bussiness which will benefit eavh hive holder no matter if you are building a completely opposite thing. Courage comes in when we support competition as there lies the better rewards. Else thibgs start to die when there is none to compete.

Great Work, Thanks again. I would delegate some HP as soon as system is set up. Not much but small drops make a pond.

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Last thing, i am being lazy to read post again. Is there any date when Hive load shares are going for sale. I would like to get my hands on them. Thanks.

Originally planned to have HLSHARE go up for initial offering the same day beta testing starts, as they are basically the only asset that will be enabled on v0.1.0. I'd prefer to stay away from "pre-sales" as that just makes more work for me later to credit the pre-sale share to accounts (assuming accounts even exist in the system yet), but if one were to insist enough and was willing to wait to have the pre-sale HLSHARE credited to their accounts when they make them in the beta testing, might be willing to wiggle room around the share availability date a little bit. Sadly no discounts nor anything along those lines with the price being a simple 1:1 of HLSHARE <-> HIVE but given that the HLSHARE asset will remain tradeable on site long after the 100,000 units (capped) are bought up by the community, I'm honestly quite interested to see what price of HLSHARE comes out of it once the site fully opens up after beta testing.

Ideally the share prices go up when people see that the dividends, which are ultimately site service volume driven, are a good return on their HIVE, while still leaving the option of selling the HLSHARE on market later if required or they decide to move the capital elsewhere on site or to another platform.

( The site is going to have a number of investment vehicles / methods, best play might be to spread things out between them depending on your appetite for risk, quite interested to see what performance metrics the things pull, will have transparency on site earnings available, but have user earnings hideable )

Thanks for the detailed response. It is really helpful. Though a couple of whales could buy the whole shares quickly. It would be great to have a pre-announced date & time. Just last thing, shares are like token available on the hive-loans, ecosystem? I guess that is the case.

Eventually the shares will be made into HSC-20 (ERC-20) type tokens that can be sent to HSC addresses but this is a few months out.

Aye, a few whales could certainly buy up the whole lot, I'd not be against that, but would rather the distribution be wider than just a narrow set of holders.

We'll see what happens I guess. I agree with you on the time / date thing though.
When I have a better idea of when the site goes live to facilitate this, I'll announce it.

Highly appreciate the lengthy response and show of support. <3

Competition isn't my main goal here, although ultimately might be viewed as a side effect of what's being done here by parties wishing to view it that way. It's not my intention to step on toes or undercut people, but if it happens to the benefit of the whole community... Then it happens. Certainly not the prime goal as I'd rather be inclusive of all business here on HIVE when possible, regardless of if they are providing similar services to mine.

Thank you for your future delegation, even a handful of HIVE is better than none, currently have 9% my total HP delegated to the service and that should be sufficient for some testing and developing but sure as hell won't cover the RC requirements once the site is up and rolling.

Which style or preferred delegation incentive best sits with you? I'm entirely open to feedback and letting the community help design the system, as they are the ones ultimately using it.