The SORT token will have two main uses and over time many more secondary ones.
Economic Utility: The SORT token is a passively generated token that will pay dividends to its holders without having to do anything more than keep the token in their wallets.
Participation: "permanent ticket" gives the right to participate in multiple raffles without the need to register.
Raffles: There will be three types of raffles. Common, seasonal and special.
Common draws: 3 weekly common draws will be held that will distribute the following prizes
Season draws: They will be draws for specific dates such as Carnival, Christmas, etc.
Special Draws: They will be very diverse draws but I will list a few.
Awards
Very important! The prizes will be based on the benefits achieved "50% approx. It will be used for raffle prizes.” The Hive collected will not be used to give any prize. The conservation of capital is a priority for the sustainability of the project.
The project intends to give two types of prizes
Common and short-term: They will be digital and will be given in all kinds of raffles
Rare and in the medium or long term: They will be digital or analog and will be given in seasonal or special draws.
I hope this helps you better understand the SORT token project. I will continue detailing the token white paper in the coming days. Don't hesitate to ask if you have any questions.
If you like draws and you like to receive dividends, the token that has everything "SORT" has arrived.
Perpetual lottery ticket that distributes dividends 1 Ticket for every 10 Sort Tokens Gives the right to participate in multiple raffles without the need to sign up.
You can purchase your Sort tokens here:
https://hive-engine.com/trade/SORT
Token Sort White Paper
TOKENOMICS of the SORT token in detail.
How do you generate funfs to pay out all these prizes and dividends and how does anyone know you won't just sell the tokens, cash out and disappear?
What is your username please ?
Hello friend, I'm @yeckingo1 and I'm launching this token.
As you can read in this paragraph, the prizes will come from the management of the fund.
"Very important! The prizes will be based on the benefits achieved "50% approx. It will be used for raffle prizes.” The Hive collected will not be used to give any prize. The conservation of capital is a priority for the sustainability of the project."
If all the tokens are sold there will be big prizes if few tokens are sold the prizes will be small.
The capital raised is not used to distribute prizes or dividends.
Brilliant! Nice to see it's someone I know! Good luck with everything , I hope it's a roaring success mate and thanks for replying :-)
View more
Really interesting, let's see the evolution.
I think buying some token sort can be a good investment 💪
Thanks for stopping by. Be encouraged to navigate with us, we guarantee fun and gifts.
Congratulations @lasort! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 200 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP
Check out our last posts:
Support the HiveBuzz project. Vote for our proposal!
Sounds better for every update!
Non-digital rewards/prizes though? If someone wins a stay at a hotel they'll never be able to visit because it's on another continent, or some merch where the postage costs more than the items themselves, isn't that just a waste of funds?
It depends on the agreement with the service provider. But if it is fully paid by the project then the option to charge in Hive will be given.
But that will be explained in the mechanics of the draws that will be explained in detail in the coming days.
Thanks! 👍
Post voted 100% for the hiro.guita project. Keep up the good work.
New manual curation account for Leofinance and Cent
Thanks for the support!
Well, I'm in already.
Let's see how it evolves.
!PIZZA for you
Posted Using LeoFinance Beta
I gifted $PIZZA slices here:
@alexvan(1/5) tipped @lasort (x1)
Learn more at https://hive.pizza!