Sad News - Tipu is shutting down on Hive

in #hive9 days ago

Hi guys, it was fun 5 years but sadly it's time to move on. @tipu will stop operating on 04.10.25, one week from now. In other words @tipu will be working for the next 7 days only.

The reason is that there's new law introduced in my country (EU region) where you need special license to operate any cryptocurrency related project. Of course it's hard to get, huge bureaucracy and fines if you many any mistake - and this is just not for me.

After this 7 days period, all transfers will be automatically refunded. Also please undelegate your hive power to @tipu.

Really really big thanks to anyone that ever used @tipu and all the best to everyone!

Sort:  

It's sad news, really.
I am infinitely grateful for the support you have given me during this time. Thank you very much.

Muchísimas gracias!!
Por el apoyo.
Mucha suerte!✍️

Una noticia muy triste sin duda. Es una desgracia.

Triste noticia, gracias por todo el apoyo brindado.

Thank you for all the opportunities you have given us all. I regret the decisions of third parties, which affect operations and good deeds. I wish you good luck in your new projects.

Sad news indeed. Thank you for everything it was an honour to be able to work with you.

Of course sir I wish you success.

I am very sad to hear this but this rule is difficult for everyone and very sad for us. You will always be welcome. If you get a chance, come again.

Sad to see the project end, the EU really sucks when it comes down to their crypto regulations.

Don't go Tipu😌

Haven't use tipu for a long time but thank you for supporting me before. Appreciate all the work that you do. Sorry for what is happening in the EU I hope you get to continue this project in the future.

This is really sad news, but I understand the reasons that led you to stop. Bureaucracy in the crypto sector is a real disaster in Europe.
It has been an honor for me to be a curator here on Hive for so many years, and for this reason I thank you very much and wish you all the best.

Oh, that's quite sad. Thanks for all the years, though!

I wish you the best and much success in whatever you do. I'm so grateful for the support you've given my communities, both the users and the community accounts. Hugs!

So sad to see you go, but THANK YOU for everything that you have done!

Thank you so much for everything. It's very sad that the project has to go. I saw this announcement when you posted it and just reblogged it, but today I'm leaving my farewell words. It has been a great honor to be part of Tipu.
My virtual hug 💙

Sad to hear that. I haven't used it in a few years but very sorry to hear you need to shut it down. Thanks for all you did. :)

Oh boy... many Hive projects are leaving... that worries me.

Congratulations @tipu! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You received more than 830000 HP as payout for your posts, comments and curation.
Your next payout target is 835000 HP.
The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD

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 STOP

Check out our last posts:

Our Hive Power Delegations to the September PUM Winners
Feedback from the October Hive Power Up Day
Hive Power Up Month Challenge - September 2025 Winners List

So sorry to hear that you are going

One thing I wanted to ask why did you take me off your curator list 🤔

I just wanted to let you know I've been getting downvoted for a long time by the biggest farmers on Hive and also the biggest downvoter who works for the owner of Hive

Sad news indeed. I believe I was with you all those years and it was fun! I will miss you @tipu :(

Thank you for great ride. All the best!

that's a sad new. Good luck with all your project from now on!

@guiltyparties @spiritsurge @coininstant @silverstackeruk @hivetrending @mengao

Sorry for the tag

Is it possible to keep this project alive? Changing its ownership? Selling it? Making it decentralized by multi-sign or anything else?

It's crystal clear that some of staked HP is idle and they won't undelegate so there is value in TIPU as a name and brand. Curation quality flaws can be improved under new ownership.

Not really, the code is not very good and it would take too much time to change ownership.

There is brand value in tipu account (HP that will not be undelegated even after service will be closed.

We can use @hivediscomod for curating so tech behind it might not be needed.

R you planning to sell @tipu account if there r any buyers? (Asking about only hive side)

If it's closed, what will happen to HP? If it has high HP delegated, how do you plan to use that stake? Upvote burn post/comment?

My questions r also related to EU laws concerns, I am thinking how we can safe tipu from shutting down.

Don't really want to sell it, need to keep it in case of any tax office questions etc. Will probably set it to follow votes from some curation projects :)

Hopefully you follow the right ones 🤞🏾

@tipu @cardboard

If you need a reliable and super accurate delegations rewards distributor that you can set through Discord once and forget, I got your back.

And in case you want the project to keep running with manual curation, you can setup curators for it that can use it to curate on tipu Discord server, with plenty of customizations/settings and even with optional payouts to curators etc..

The bot has all that in place already, is well maintained, and already is the backbone of many projects/servers. You can simply set it up once, and let it do its thing.

Hit me up on Discord if you're interested/have questions or whatever. I'm @yaziris (Yaziris) on discord too

Cheers!