Hello Hivers,
In our previous articles (Article 01 & Article 02), we introduced the WINEX token, its (1:1) airdrop to WINE token holders & our plans with the WINEX token.
Yes, we are trying to enable a staking feature (7-14 days withdrawal time) with the WINEX token. Because we do believe WINEX is vulnerable when bot summons commands rely on Liquidity wallet of Comment-based token economies. Therefore, we are trying to collect 1000 BEE tokens to add the staking feature with the WINEX token.
How fundraising?
Honestly, this might be a big issue at the moment. Because WINEX never manual mint & the developer share also neglectable. We sold WINE tokens that belong to its ICO process & collected around 475 Swap.Hive tokens. Unfortunately, BEE is trading around 1 Hive per 1 Bee token at the moment. Therefore, we want to find other options to collect at least 525 Hive to reach our goal.
What we hope to do?
We can develop a Winex curator, which will curate WINE community posts & share WINEX as delegation rewards - Each 2500 HP will mint 1 WINEX token per day up to 100,000 HP. (Maximum 40 WINEX Tokens per day) - This feature already enabled @hiveupme delegators.
We can create a daily post & looks for author rewards to collect funds.
We can collect developer funds & enable the feature. (This may take a long time to reach the goal).
Those are the options that we have so far. We will not manually mint WINEX tokens to reach this goal.
WINEX could reach up to 21 Million tokens, similar to the legendary BitCoin. With our future releases, we hope to control the token minting rate & it will purely base on the Time duration of each token minting cycle. (Mining tokens will be harder in each cycle or something like that).[A hint]
Until we don't gamble with WINEX, it will play its game. We all know Hive-Engine Tokens are not decentralized. Each token has a single owner & that owner has keys to mint tokens & flood the market anytime. Therefore, each token economy under Hive-Engine Tokens is at risk.
But if we have no intention to manually mint tokens & flood the token market, any token could remain trustful. Therefore, we have no wish to "Click - Token Issue" button or pump the token market. Everything will depend on community support & trust.
$WINE is a brand-new community engagement & social rewarding token on top of the Hive Blockchain, issued on the Hive-Engine sidechain and named after the drink which led to cultural expression, innovation and prosperity.
We have not curated any of winex's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
@hiveupme delegators.
