Series B of the VOCUP Token 2nd Edition is Issued
Series B, or the 2nd Series of the VOCUP token 2nd Edition, was issued yesterday (on November 1st, 2023), as we promised several weeks ago when the last token from the previous series was sold.
Before the issuance of this new series of tokens, there was a total supply of 300 VOCUP tokens.
200 of them were sold at the price of $5 HIVE (Swap.Hive) per token, while the remaining 100 were sold at the cost of $10 HIVE (Swap.Hive), that is, for a total of $2,000 HIVE (Swap.Hive).
Every token purchase is backed with the active Hive Power of the @vocup account, so it was with these $2,000 HIVE (Swap.Hive) for those 300 VOCUP tokens already sold.
As we are doing it manually, we are trying to power up the account as soon as possible after the purchase on the exchanges happens. Talking from past practice and experience, it usually happens within 24 hours from the moment of purchase, as we check the stats daily and accordingly power up the account.
Issuance of the Series B, or the 2nd Series of the VOCUP token 2nd Edition
Series B (the second series) of the 2nd Edition of VOCUP tokens number 100 tokens.
That makes the current Total Supply of 400 tokens.
The price of the token remained the same as it was for Series A (the first series) of the 2nd Edition, and it's $10 HIVE (Swap.Hive) per token.
Please keep in mind that with the increase in tokens' Total Supply (now 400), the percentage of your shares for the tokens in holding will decrease.
For example, if a token holder held 10 VOCUP tokens (before November 1st, 2023, when Total Supply was 300 tokens), their token share was 3.33%.
After November 1st, 2023, when the Total Supply increased to 400 tokens (by issuing 100 Series B tokens of the 2nd edition), the same token holder with 10 VOCUP tokens now has 2.50% of token share.
We believe that the 250 HIVE that we brought in to power up the account yesterday for Hive Power Up Day will compensate for that "gap," as well as some future token purchases, so at the time of rewards' payment for November, your rewards would be at least the same as they were for October payout.
Overall, we are optimistic about it, and we hope you'll share that opinion and feeling with us. 😊
However, a big THANK YOU to all our members (current token holders) for the trust and support thus far!
To buy a VOCUP token, visit Hive-Engine, Tribaldex or LeoDex exchange.
Please review our Announcement post to learn more about our project.
Images Sources:
1st image (Thumbnail): Our own derivative work with image by aranjuezmedina on Freepik
Dividers: Our own derivative work with image by Gordon Johnson from Pixabay
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Thank you! 😊
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I just brought my investment from 2 to 5 tokens.
Great! Thank you! We already powered up the account for that amount! 😃
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great stuff!!
and already down to 87 🎉🎉
i will have to buy a few more now
good to know that the backed value keeps increasing!
Well, the backed value is not increasing it's just backed value.
It means that the money (HIVE) spent for purchasing VOCUP tokens is not spent elsewhere for something else (as in many other projects out there, as on Hive, the same or even more on projects out of Hive blockchain) but brought in, to power up the account (and everyone can easily see and calculate that).
In other words, if 300 tokens were sold for a total of 2,000 HIVE (or with the newest purchases 2,130 HIVE), in our account should be that amount of Hive Power (HP).
By that, we are securing all the VOCUP token purchases. This means that if, for whatever reason, the project (as it is now) would stop, the token holders may be refunded for their token purchase investment. (So, despite our clear warning not to invest more than they can afford to lose, we wanted to do our best to secure those funds, and at the same time to be as transparent as possible.)
Therefore, the HP currently sitting in our account is made up of the funds raised from the token sale (2,130 HP), while the rest are the funds that we brought (or left) in (in different ways) to support the project.
When we say "funds that we brought (or left) in (in different ways)," we mean, i.e.:
Otherwise, it's impossible to share 100% (90% + 10%) of the curation rewards without powering down the account for that amount.
So, the way we believe you thought this works would be a pure miracle. 😀 We wouldn't have anything against it, but with the current working system of the blockchain, it's entirely unrealistic.
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The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
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Lovely, I will try and buy some more tokens this month. 😀
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BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
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@vocup! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ tuisada. (2/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Great to hear! Go ahead! 😀
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@tuisada! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ vocup. (2/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
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Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
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