New ListNerds Token Updates
There has been some big news with ListNerds in the last few days that are going to have a huge effect on the platform and token in the future. Today I will cover three of the biggest ones from my perspective.
Usecases
There was speculation that it was coming, and it is here. LISTNERDS tokens now have a new use case. People can now buy a subscription using not only HIVE, HBD, and Fiat but now also with LISTNERDS tokens!!! This is a huge gamechanger for the token.
The cheapest paying membership can now be paid in ListNerds costing 894.157 LNs. Depending on the Bid/Ask spread, you could also save some crypto here, so it's no wonder there are new buyers entering the market.
The top-level membership is Enterprise and can now be bought for 3212.341 LNs. Based on my current stack of ListNerds that should be covered easily each month. This should also be easier now for those who want to pay for their subscription from their ListNerds earnings.
These prices of course can vary depending on the daily exchange rates, so that is something to bear in mind.
Inflation
The other big news is the decreasing inflation of the token to 15% annually. This means that the scarcity of the token is going to increase. Combined with the new use case, this could cause an increase in the price in the future.
At its peak, I earned 1613 ListNerds for a verified mail, but my last verified mail earned just 257 ListNerds. This is an 84% reduction in the inflation in the space of just under 3 weeks. The inflation break has been pulled hard and I expect it to continue to decrease until it reaches the 15% level.
Buying cheap ListNerds tokens now could be the bargain of the summer. (Not financial advice). I am sure glad I've been keeping the majority of my tokens staked as the long-term benefits could be huge.
Reputation
The CTP team is not finished there, they are also working on improving the reputation metrics in ListNerds to take in more important factors so you can build up your reputation and make it easier for users to select which emails they want to read. There have been some resets while this is being tested and we are seeing how how the different factors might be working. This is a valuable feature that is great that the team are paying close attention to.
Summary
These are all welcome changes and will help the ListNerds platform grow further in the future. I am really excited about using ListNerds and seeing how it is developing.
If you are not a user of ListNerds yet, use my link to sign up below and give it a try.
Credits:
Screenshots taken from source unless otherwise stated.
Title image created using image source and CTP promotion materials from the discord channel.
Join my Team:
Previous ListNerds articles:
ListNerds - Changing Online Marketing with Hive
ListNerds Top 50 - Movers & Shakers
CTP Grind - Sharing the new Hive Leads!
My journey on ListNerds after 3.5 months
How To Send & Receive CTP in ListNerds
Creating and Sending a Mail in ListNerds
ListNerds - Voting Power
My Experience on ListNerds After 2 Months
ListNerds - Sending a Solo Mail
Using Focus To Get Results With ListNerds
ListNerds - The Importance Of Staking CTP
ListNerds - Improving Your Reputation
Getting Nerdy with ListNerds - My Experience After 1 Month
ListNerds - Starting My Mailing Campaign
Signing up to Listnerds - First Impressions
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I do not understand
What don't you understand?
All about the listnerd
Go to listnerds.com and follow the prompts. I won't be rude and leave my affilliate link here, but, it really is as easy as going to the site and signing up.
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I guess I will be joining your team here cause i don't want to miss out
Let me know if you sign up! !ALIVE !CTP
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Thank you for this summary, I took a break for a while from LN, nice to see they try to evolve.
!PIZZA
Thanks, things are moving fast! Lots of good things happening there. !PIZZA
!ALIVE
!CTP
P.S. Came here from ListNerds
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Thanks for the positivity boost! I am glad you came from ListNerds!! !CTP !ALIVE
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Well guess I need to change my payment method, but that edit button is not working for me. Does it work for you? !CTP
I think you need to cancel first and then you can resubscribe with a new payment method. I think you need to use Liquid LNs though.
Thanks I did not want to cancel before someone else tested it and yes I assume you need liquid LN but I got those and even buying atm would be cheaper than using my cc.
Yes it seems a great deal!!
Thanks for the update, I am looking forward to a more improve experience with Listnerds.
It should improve things alot. !CTP !ALIVE !BEER
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BEER
.I have noticed decreased rewards for the verified mail. Also, the stake rewards have been reduced manyfold.
My question is why now? Why were huge amounts of the tokens distributed from the beginning? Top holders have reached over 6 digits value. Now hard brake!! Newcomers' earnings will be quite less, comparatively.
Failure of making a long-term plan from the beginning?
Adding listnerds as a payment option for buying the subscription is a good move.
!PIZZA
I think like with all things in life, it is a learning process and some things dont work out as expected and you need to take corrective action. The increased value of the token will benefit everybody, especially newcomers with higher earnings. The top holders have invested the most into the platform up until now, so would have a larger stake usually anyway.
Thanks for your comments!
The huge amounts of tokens earned from the beginning were earned by people who were testing the system, putting their faith (and money) into something new to try with no guarantees.
Its less than 100 people with huge stakes and they have been paying monthly fees in fiat to earn those listnerds.
Let early investors have their cake!
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Thanks!
Looks like Listnerds token Got a bright 🌞 Future ahead. The more usecase better and strong for it's foundation!
Thanks for keeping us updated with this.
Thanks for dropping by. I like collecting cryptos!! !CTP !PIZZA
!CTP
Thanks for dropping in. !CTP !ALIVE !hivebits
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I wish these changes would have been implemented much earlier. One question: What happens to the LISTNERDS spent on subscriptions? Will it go on the open market or will it be burned at least partially?
!HIQVOTE
Im not sure what happens to these ListNerds, but it is a good question. There is a ctptalk where we can ask questions, so hopefully we will find out soon. !CTP !ALIVE
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Please remember that listnerds is "new." Its like wishing my toddler would have learned how to walk faster...
Give it time, I bet it gets better and better.
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All I do is go around and comment.Writing is not my strong suit so I don't send emails that often.Also as far as affiliate marketing goes that's what I do.But on Listnerds sending links is not beneficial cause if your not blogging your not gonna get clicks.I'll just stay the way I am for now.
cool. you need to do what works for you and your style. good to see you on the blockchain still, theres lots of ways to utilise it. im still trying to figure out the leadsleap thing, it also looks a powerful free tool! !CTP !ALIVE
LeadsLeap rules! 🤪
!PIZZA
if it moved to hive, it could be a game changer! !LOL
The moment the !CTP team put it on the HIVE blockchain it immediately became gangsta, because no other mailer could claim that distinction.
For future online marketers that realize what they are missing by not being on HIVE and see where ListNerd is chillin’ GAME OVER 💪🏽😎 @mypathtofire
Sounds good - thanks for the update !!!!
!LOLZ
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Thanks for dropping by !CTP
I will be forever bias, because I was front and center early on and way beyond bullish on ListNerds.
I never doubted @blainjones @elianaicgomes and @jongolson and I don’t expect miracles and just like anything else there is a learning curve.
Us folks at the top busted our asses to get up here including investing crypto, fiat and the most important commodity - TIME, because at least I knew (can’t speak for others) that it would become and there is still a long way to go - an important tool on the HIVE blockchain.
Steve, I love this post and your ability to get in there to respond to comments and taking a few of the hits lol.
I don’t worry about why it wasn’t done sooner, because there is always a bigger picture when it comes to the CTP Swarm 💪🏽🐝
You are awesome!
@mypathtofire
!CTP
Appreciate you man, thanks for the comments and support.
We've been 'doubted' for decades...We always have a bigger plan, those that stick to their convictions, usually end up in a better place :)
!CTP
#truth
I can only mirror your sentiments, Jimmy. No one has ever done a blockchain mailer before, so Jon and the team are treading new ground. I am therefore impressed how the new changes were implemented quickly and the results are going to be amazing I'm quite sure of that. That's why I wanted to share it with the community.
Thanks for your comment and support. Keep on Hiving!
🤟
@mypathtofire
!CTP SWARM
Thanks for the support sir and appreciate you highlighting the changes we're making with the system.
!CTP
Keep up the great work Jon !
!LUV
All this sounds sooo great!!!!
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It really is! Thanks for dropping by !LUV
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I saw that lots of things have changed in the platform, but I was not sure what is happening. In one moment I thought that it is a bug. Then I read something that there are some fixed in the platform - which is good. This thing about buying s subscription with LISTNERDS it a way pretty cool!
!BBH
!PIZZA
Yes, we should see increased value in the token which will benefit everyone. Plus there are some improvements in the usage of Listnerds, it will get better and better from here.
Thanks for dropping by.
!CTP !ALIVE
These changes are for the good but it doesn't feel good rignt now for me. I wase attempting to upgrade for some time now, however, now that I can't get a good rate for the ListNerds I've unstaked already, it's giving me second thoughts. I have to go back and do the numbers again. Iwent from earning 2,000 ListNerds in one week to just over 6 hundred. Presently I am at the premium level & want to upgrade to the business but I'm not sure it's worth it. I wanted to use my ListNerds to pay for my upgraded status but I have to make 2549.399 in 1 or 2 weeks in order for it to be worth it. Hopefully the market for ListNerds will go up soon cause this is hurting me in the longrun. However, The changes are good.
!CTP
It is a really great move and exactly what is needed. We still need to see the full effects of the changes but I think we will all be positively surprised (to the upside). Currently with Enterprise I can send 28 per month say with (4 weeks) plus 1 solo (maybe more if you collect mail tokens). At the current 250 LNs per mail that is 7250 LNs per month at the current rates. You can see this is more than double the cost above.
If you want to save LNs first before upgrading, im sure the price of a subscription in LNs will keep going down as the price of the token increases - so your unstaked LNs will go further.
Im looking forward to seeing you implement your strategy and crunching the numbers. 👍
I know it's what is needs in order for the program to stay around caise at the rate it was going Listnerds would eventually run out. I hope you're right about it surprising us in the end. I'm trying to be patient but I've been trying to up grade for what seems like a long time and when the time finally got here everything changed and my listnerds weren't so valuable anymore.
All I can do is wait & see what's going to happen.
It was unsustainable. Getting thousands of LISTNERDS a week wasn't helping anyone. And there was never a guarantee that prices in the market stay the same. The market is always right, no matter how much we want things to moon.
But like it was mentioned above....We're toddlers in this game, trying to get our legs under us and building the first blockchain based mailer / content discovery tool.
This was a much needed move to drastically slow inflation.
!CTP
Thanks for the valuable information. It was very helpful.
Glad it was of help Bob! !CTP
Great update about the news on Listnerds Steve, and those are big changes indeed, and will most definitely mean that the price will go up, keep up your great work and stay awesome.
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!ALIVE
!CTP
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Thanks Erik! !CTP !ALIVE
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Keep up your great work Steve, and enjoy your Friday.
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you too Erik!
Outstanding post, Steve.
You did a great job of explaining the changes in ListNerds, and you have stirred up a lot of good comments.
!CTP
!LOLZ
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Thanks John! Im just excited about the new changes! I think its going to be pretty amazing going forward! !CTP