The more HBI shares someone holds the higher the upvote one will get from the initiative.
So let me get this straight: when you purchase a share for someone else, you get on as well, and the more shares someone owns, the greater the rewards are when they get voted on by the initiative? Does the initiative put them on a curation trail or something? How is that sustainable for the initiative?
I saw mention of HBI the other day, but don't understand it to a great extent, so I'd like to learn more!
Correct, I'm not sure how the initiative monitors sustainablity but they have been around for awhile. A few projects have come and gone that tried to copy it but none succeeded as far as I know.
Interesting. Okay. Would I be safe in assuming that - for example - if someone sent 10 HIVE to that account, and put someone's username in the memo, they would then both own 10 shares of HBI?
That would be correct.
!BEER
!LUV
!PIZZA
Man, thank you so much for your time and attention here! You've been supremely helpful!
!BEER
!PIZZA
@rentmoney(4/5) gave you LUV.
H-E tools | connect | <><
Given the current emission rate of LUV pushing 500/day, increases to required LUV levels will likely be forthcoming.