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ARCHON necromancy complete (it is alive)

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Published: 02 Feb 2025 › Updated: 02 Feb 2025ARCHON necromancy complete  (it is alive)

ARCHON necromancy complete (it is alive)

While I am well on my way to posting the official, updated, master compact agreement on the archon-gov@archon-gov account, I am not quite there. For now our friend osomar357@osomar357 has produced the most up-to-date post outside the archontribe@archontribe account (give it a follow).

Maxi ARCHON post

But we are getting close, and I will today declare the "necromancy phase" to be officially over and successful. Which means I guess, ipso facto -

It's ALIVE

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How was the necromancy performed?

Step one is where everything became possible; because of the transfer of archon-gov@archon-gov. I would not have considered trying magic on this token if not for the 9000 HIVE POWER the community earned being nobly and gentlemanly sent over to my custody from taskmanager@taskmanager.

Less important but still essential was the "control" on a protocol level of the "tokens" both ARCHON and ARCHONM, which we run under the ecoinstar@ecoinstar account (my old roleplay wizard char on steem I might add).

There were a lot of other assets to be had. Control of the pool, python scripts, and 7 other alts. But we got enough with the above.

Step two: wait and see

Due to the high unknowns, while I was working to learn all the information and plug in the cables, I was also waiting to see if there was any more. By now dhedge has sold their ARCHONM, but many accounts still lie dormant.

We can handle it now.... but I decided to slow play it. Never rush with necromancy.

3. Find a bottom

Get all the bad news out onto the table.

Once you know what you have, you can find a NAV (or ABV). With simple math you can decide "what these things are worth" pretty easily and basically, accumulate below this price.

Also starting to activate the community - is anyone interested in it actually being saved?

4. Interoperability LP established

ARCHON:SWAP.HIVE pool already existed and was funded over 5 years into the future. The only token that wasn't hooked into the ecosystem was ARCHONM.

So after determining that the community did not want to "abandon the miners", as I suggested when we failed to recover archon-mining, but instead support and include both tokens as a united entity.

So I hooked them in with my locombia@locombia Hive-Engine Witness rewards, and built a pool for 1000 BEE. I was "paid" for this with a swap of ARCHONM that archon-gov@archon-gov had picked up under 5 HIVE (our "target" relaunch price), and swapped to me for 5 each, when BEE was low priced. All in all I am happy about the deal, I did not "pay" anything - the program paid for itself, although with great timing. :)

5. Launch unexpected utility

This is the phase we are in now. Anyone can pay "99 cents worth of ARCHON" to have a real team of developers "consider" their idea. This model filters a lot of the riff raff of unthought-out ideas, fantasies and things people only think they want.

So far we have received less than 2000 ARCHON in submissions. But the token price is 250% off the bottom. We are alive.

And we continue the ride. A tribe that offers Assistance, Resources, Community Help and Ongoing Networking: This is ARCHON. Do not sleep on the Contemplative Archontes idea.

Freedom and Friendship

Leave ARCHON necromancy complete (it is alive) to:

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