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RE: Introducing The Hive Builder Project

in #hivebuilder4 years ago (edited)

Hello, i have the same questions as @costanza
People that want out can also just undercut the 1 Hive price and sell for 0.99 which makes it so that no new Hive comes in to

I can confirm this is true and your 60% back back will not be used as people will uncut your 1 HIVE price on hive-engine. This will kill your sales after you get a few thousand tokens out there and kill your project. You would better using a SBI units sort of thing and holding out for SMT/HMT's as you cant control a hive engine token price.

I'd like to know what airdropped tokens are backed by? If i buy 1000 tokens for 1000 of my hard earned HIVE that are instantly worth 600 HIVE due to your buyback policy, i would need to HODL for roughly 1 year to collect enough airdropped tokens to break even at 0.60 per token. I understand the tokens i buy are backed by 0.60 HIVE but what are the airdropped tokens backed by? Where does the money come from?

Alot of people might tell you to scrap the idea but i would say, relook at your numbers. Put your rewards down and look for other streams of income. Make sure if you wanna airdropped tokens, you can earn funds to back to them to 0.60. Earning 10-20% in backed tokens is better and will bring in bigger investment than offering 60% in magic beans.

Good luck my friend :)