ECOBANK tokens have been distributed. Next steps...

in The Man Cavelast year

The tokens have been distributed! You can see the richlist here. You can interact with this token on the market here.


The market will slowly begin to fill out as more people notice that the tokens have now been distributed. Remember, markets work by certain rules, buy and sell order books, I should probably review my old posts and do a deep dive about how markets like these work, but be careful.

Here is the market at the time of posting:


The @ecobank account is being used as a deposit for 3 participants who have not yet confirmed with me their wallets. I will be working with them to get them into their own wallets in the future. The deposits can be seen here:


I did all of this manually, taking my time and going very slow - manually checking account names against their blogs - knowing full well that mistakes are hard to fix.

Alas - I did make one mistake. @bil.prag was sent 70 ECOBANK tokens instead of the 63.636 tokens he should have gotten for the 70 HBD he sent. Bil, if you want to send back 6.364 tokens to @ecobanker, this would be the cleanest solution and I can shower you with some prizes. If not, I will consider my options to make right my error. Luckily it was a small one.

The future

The ECOBANK is now officially launched. As far as I know its the first 'CryptoStock' in the world, at least its the first one built on HIVE, and its the first one in Colombia.

If you are reading this, you probably agree with me that these new technologies represent the future, but the future depends on what we build with these new technologies. Keep that in mind as people around the world make opinions about, and governments attempt to regulate, these things that aren't even built yet.

Phase 2

Recently we met with the founding members of the ECOBANK, to talk through the end of the Presale and move into the next phase. Nothing is confirmed yet, but one of the members made a very good case for valuing our project at $1.65 dollars or 6250 colombian pesos per token; based on this preliminary discussion, this is looking like it will be price we will be offering shares (tokens) during phase 2.

The nature of the market based in SWAP.HIVE adds an additional challenge, but let's give it a few days and see what happens.

Leave all your feedback for me here, I will be back in a few days with a current accounting of the assets and liabilities within the ECOBANK.

Freedom and Friendship


Excellent. It is going to be a fascinating "ride" to see how this all works out @ecoinstant. It sure seems like tokenized ownership of real life assets has a legitimate use case.

That said, it is just part of life that there will be unexpected barriers to overcome. I'm confident the project is in good hands and you'll overcome them all.

Looking forward to the adventure!

Well put @roleerob! We will face each of these obstacles along the way - I think building the future is hard work but it's worth it and more and more people are waking up and wanting new development models and I think we can be a pioneer in this - I'm not waiting around for someone else to do it!

"... hard work ..."

What!? 😲 But ... I just want the sky to open up and drop a "big bag" right in my lap! 😏🙄🙃

Seriously, it is both amusing and sad (depending on my mood) to this "old school dude" how prevalent some version of the above is in the uhhh ... "cryptoverse" ...

The way my day is starting, I see that we are going to all have a fresh opportunity to re-evaluate what is true. And what is not!

"I'm not waiting around for someone else to do it!"

Reinforces what little I can discern via "virtual world" interactions with one of my fellow travelers through this life / world (the real one ...). I wish I had more to invest, but ...

We'll all see what the future holds!

Think i managed to refund :D

Thank you! I have nominated you for 25 HIVE SBI units for your troubles!

cool move!!!

very, very, very cool! when does phase 2 needing more tokens I think lolololol

I like the Ecobank projects. It's well run and can see it being a success !

Great to have you aboard!

You're welcome captain !

It's nice to see the tokens drop into my wallet. It's too bad you made a mistake but the comments have shown that you got back your tokens. So I think everything is going well.

Posted Using LeoFinance Beta

sweet. I am number 12 on token holders. Looking forward to all the work you have to put in. 🤣

Good luck.

!PIZZA for some energy for you!

Woohooo, I'm in the top 10! Actually, what I'm REALLY happy about is that I'm actually not any higher. I remember, at some point I was the top investor, which got me worried a bit, but it's good to see that the project does attract backers with deeper pockets than mine.

Posted Using LeoFinance Beta

Bang, I did it again... I just rehived your post!
Week 110 of my contest just can now check the winners of the previous week!


PIZZA Holders sent $PIZZA tips in this post's comments:
@dkid14(3/20) tipped @ecoinstant (x1)

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