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 account, I am not quite there. For now our friend
@osomar357 has produced the most up-to-date post outside the
@archontribe account (give it a follow).
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
How was the necromancy performed?
Step one is where everything became possible; because of the transfer of @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.
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 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 Hive-Engine Witness rewards, and built a pool for 1000 BEE. I was "paid" for this with a swap of ARCHONM that
@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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