A Look At Proof Of Brain Tribe | Data on tokens issued, staked, top earners, activity
Proof Of Brain has been one of the few projects that has emerged in the last period on Hive and have achieved some success at least in terms of the token price.
The tokenomics of the projects are interesting, they have launched with only one token issued and are following the Bitcoin model. Meaning a max cap of 21 million tokens and halving every four years. All the inflation goes to authors and curators, a 50/50 share, with no mining or staking rewards.
Here we will be looking at the following:
- Issued POB Tokens
- Top POB Earners
- Daily stats on tokens staking
- Share of tokens staked
- Top Users that staked
- Posting activity on the platform
- Posting from LeoFinance.io interface
The period that we will be looking at is February 25th till June 23rd, 2021.
Issued POB Tokens
Let’s take a look into token issuance and how it is distributed over time.
Below is a chart that represents the cumulative issued POB tokens.
We can see that there were some bumps in the beginning.
The first POB token was issued on February 25th, and then the next one on March 7th, from where there is daily issued tokens. At the end of March, the tokens issued is becoming more stable.
There are almost 800k POB tokens issued at the moment.
Let’s take a look at the number of tokens issued per day in the last 30 days. Here is the chart.
On average there is 6.8k tokens issued daily in the last 30 days. This will be around 200k monthly or 2.4M tokens per year in the first four year.
Top POB Earners
Let’s see how the tokens were distributed.
Below is the chart of the top POB earners since it started.
The tokens earned per account drop fast and the last one on the list are already bellow 10k tokens.
What’s interesting is that most of the accounts on the list are authors that have been active in the tribe a lot. If they staked they compounded the earnings. As time progress and more tokens are issued the distribution of the tokens will be heavier towards the top holders/curators.
Below is a chart that represents the daily flow of staked and unstaked POB tokens. A positive bar going up shows a day where more POB was staked than unstaked.
We can see that most of the days the staking is in positive. Just a few days with staking in the negative.
Below is the chart of the top 10 users that staked POB since its inception.
The @proofofbrainio account is on the top here as well with more than 120k tokens staked. @onealfa.pob is on the second spot with more than 60k tokens staked. The it is @trostparadox with 46k tokens staked in the period.
As for the rewards the amount of tokens staked per account drop fast and the last one on the chart are under 10k staked.
The Overall Flow of the POB Token Supply:
We can see that the amount of POB staked is constantly being high with not a lot of changes. In terms of % it has been just around the 90% of the supply staked.
Here is the pie:
As mentioned, the overall trend is a high percent of the tokens staked.
Because of the high inflation in this period (relative to the supply) the APY for the curation rewards is quite high and a lot of members are staking and using it for curation.
Activities on ProofOfBrain
Below is a chart of the ProofOfBrain activities with the numbers of posts from the ProofOfBrain interface and posts with the #proofofbrain tag.
The lighter pink are the posts from the proofofbrain.io interface and the darker are with the tag.
We can see that the numbers of posts using only the tag is much higher than the posts coming from the POB frontend. Around 10% of the posts are made from the POB frontend, while the 90% of the posts are using the tag only.
POB is a generic content tribe so anyone can add the tag when making a post on any topic. Not sure what is the penalty for not using the frontend.
All time POB price
Here is the price chart in dollar value with average price for better visibility.
Have in mind the above is an average daily price.
Quite a ride for the token price. Starting from under a 10 cents per token going for more than one dollar and now back around the 30 cents mark. The overall drop in the prices on the crypto market has affected the token as well.
In terms of Hive it has been trading for more than 2 HIVE per token and now is around 1 HIVE per token.
POB price in the Last 30 days
Here is the price of POB in the last 30 days also in dollar value:
We can notice the drop in price here as well. Going from a dollar to 30 cents.
All the best