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RE: SOMETHING BIG MAY BE HAPPENING SOON.
The token name is "Bitcon Backed Hive" but there is no mention of Bitcoin holdings for this project yet.
From the above post, I can deduce two use cases for BBH: (1) As a passive income source, and (2) for tipping (rewarding the contents of other users). But the revenue source for the drips to HODLERs and tip to beneficiaries is not stated. How do you generate such revenue?.
The beneficiaries of BBH may decide to dump it in the market, what is the sink to absorb such pressure?
I am awaiting some responses to these questions.
In all, it looks like a long term project and I'll get a some bucks into it. Starting with 10k so I can tip 10 users daily. Nice that tokens like $LIVE and $LEO are among the dividend tokens to HODLERs.
Cheers!
If you go back and read some previous posts you will understand the Bitcoin situation at the moment.
Revenue generation is currently from writing long form, commenting, passive income from investing in other Hive projects.
Every token has the issue of people possibly dumping. It is upto me to keep building BBH so people don't want to.
That includes getting a fully functional community set up.
Getting the hive-engine witness node in the top 20. And getting Bitcoin back into the mix.
I had a BBH holder do an analysis a week or so ago. Thst is linked in one of the posts. Currently the value of BBH on the market is covered, backed, by the value of the this account and all its holdings.
Does that help?
Thanks for the prompt reply. Like I said, it looks long term and I'll have my hand to support the project.
How does the tipping work? The tipping command, I mean?
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