Sidenote
This may be feel like a dejavu to some. And that's because it is. As one commenter suggested yesterday, it would be better to choose a different account name for this experiment because reasons... All posting rewards from that account will be sent to null, and from today this is the one that is gonna be used.
The LionFund and it's mission
Hello, I am the Lionfund and my creator @trumpman wrote a post about me a couple days ago and what he plans to do with this account. This is what he had to say:
So, my idea is simple. I create a second account that makes one post everyday. The post will be pretty much the same everyday with some numbers changed, and it will essentially be a filler to pile up on Leo inflation.
Once enough Leo is gathered, I go out, find a small and cheap yet reputable exchange (e.g. mercatox is imo goodish and eth listings are super cheap last time I checked) and use that Leo to pay the listing fee to get Leo listed. Probably in the form of wleo or bleo since the actual Leo will be hard if not impossible to be listed. Or maybe cub. Or maybe start with Leo, then cub, then Leo again etc. Or just cub since it's a "universal" token with no pegs.
I am ok btw not holding the actual funds if you like the idea and simply doing the hard work (posting and contacting exchanges). We can find somebody else to be the fund gatekeeper. ^_^
I think overall it's a simple yet effective way to use a small part of the leo inflation towards our advantage.
Some other things I'd like to add to the above.
First, I'd like to give this fund a taste of decentralization. Which means I'd love to share the voting key with other trustworthy people that might want to post every once every couple weeks or whatever if they want to help the fund grow. I will also create a dead mans switch, so that my master key is passed to someone trustworthy in case I die or whatever. I am also super open to any kinds of suggestions etc.
In other words, this is not trumpman's fund to do as he pleases. This is a community fund for leofinance that will hopefully help leo grow, with your help, and without putting any extra burden on @khaleelkazi who is already too busy with developing shit.
So yeah, feel free to give this account a follow and maybe add a small auto-upvote if you like the idea.
See you tomorrow!
Posted Using LeoFinance Beta
More info why you see this.
Posted Using LeoFinance Beta
Take my upvote. I think its for a good cause lol.
Posted Using LeoFinance Beta
It is ! I think
Posted Using LeoFinance Beta
Thanks. Sorry for fucking up yesterday.
Posted Using LeoFinance Beta
Ah, that deleted post all makes sense now.
Yep, I'm happy to support this initiative to build a sort of community fund via the rewards pool.
I'd even like to see this expanded to paying writers to focus on producing long-form, evergreen content.
People don't want to edit old URLs or produce this type of content because they only get paid for short term thinking within the 7 day rewards period.
If we incentivised it with say even a 20 LEO bounty per post or edit, then people would start to change their habits.
Posted Using LeoFinance Beta
That's a great idea. Just don't die yet.....🙏
Posted Using LeoFinance Beta
Ahh, nice!
I was wondering if this initiative had been canceled after the last post was edited. I'm glad it was only rebranded!
You have my vote, Mr LionFund!
Posted Using LeoFinance Beta
But but but....I don't even like you maaaaan! Hahaha :-p I like the idea brother and it has my vote! I trust you to gatekeep well.
Posted Using LeoFinance Beta
So you are just spam creating accounts and promising a bunch of stuff? :) I am just kidding. I still think it is a great idea. So you are going to shutter the Zazu account or whatever it was?
Posted Using LeoFinance Beta
Yes, that one will die
Posted Using LeoFinance Beta
Good to know. I have to remember to follow the new one.
BOOM!
Not onealfa but there you go my 0.23 LEO.
Posted Using LeoFinance Beta
😂 😂😂😂
Posted Using LeoFinance Beta
Are you going to die?
This also has my support.
Posted Using LeoFinance Beta
Congratulations @lionfund! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :
Your next target is to reach 200 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPSound like a good idea. I would be interested in what solution you have for a deadman switch too.
A good friend that is already to rich to care about the pennies on this account!
:)
Just wondering if there is an automated solution for anyone where for example if I kick the bucket, it would trigger a transfer to them. Though, at the moment, I use the "good friend" method too.
Welcome back, lol
Posted Using LeoFinance Beta
Very fantastic idea. But my problem is the "voting key with other trustworthy people" , how then can you really get a trust worthy and also a committed person.
Well lemme believe you will know how to work around this.
Well it's not much you can do with the voting key anyways other than post 🙂
Will you be using all the HIve and POB to buy and burn too?
It's coming to something when I'm relieved to find a burn post to vote on!
Actually that's precisely why I'm PDing LEO and piling into the pool on Cub.
I don't know about this yet, u planned to ask you peeps :)
I think it'd be good to spend the whole lot on Leo!
You have my full support and know you will spend the mega millions wisely.
Posted Using LeoFinance Beta
Here's my little tiny upvote, but I believe this is all for a good purpose... so let's see how this experiment works out!
=^..^=
Posted Using LeoFinance Beta
Shit, hold the funds. We trust you, at least I do.
Posted Using LeoFinance Beta
Let's get some listings!
Posted Using LeoFinance Beta
How many times are you going to make me say this is a good idea?!? Egos....
Posted Using LeoFinance Beta
You get more POB from me than LEO... but still good for the cause.
I've tossed my small vote power in, not much but I'll do it everyday as well!
Posted Using LeoFinance Beta
isn't there a fundraising platform on hive? good idea btw
Posted Using LeoFinance Beta
Supported! With LEO, Hive and POB
Yes, I will follow this account and support this effort!
Posted Using LeoFinance Beta
Oh yeah! The lionfund is born.. Put this account on auto vote because I love the idea! Great job @trumpman !!
Posted Using LeoFinance Beta
Nice. I’m following ASAP. Let’s get Leo listed
This is great! I write post for updates following defi on the Polygon Network which is similar!
https://leofinance.io/@johnnycrypto1/new-this-past-week-s-successfully-launched-high-risk-farms-the-polygon-report-07-23-2021
Posted Using LeoFinance Beta
nice
Posted Using LeoFinance Beta
Nice one
Posted Using LeoFinance Beta