What to do to Increase the value of POB

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This post is in response to the post update written by @proofofbrainio regarding the following;

  • The injection of Liquidity Into The POB Market pool to raise Funds For Frontend Development?
  • what to do to increase the value of POB.

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My post will never be complete without first commending the effort of the @proofofbrainio for his diligence and commitment to the growth of the community. @madstack for his wonderful effort, at the stakeholders of this platform as well those I'm yet to know better on this platform trying so hard to make this community a better place for us and prospective users.

My suggestions on what to do to Increase the value of POB will be discussed on the following headings;

  • Injecting liquidity to POB Market pool
  • Developing the frontend
  • Listing POB on external exchanges other than the hive-engine

1. Injecting liquidity to POB Market pool

One thing I've learnt over the time is that the more the rate of Liquidity in the market pool, the lesser the value of the token being injected.
21million POB can be easily reached in no distant time provided more liquidity is constantly injected to the market pool. Of course, this will give the opportunity for early users of this frontend to accumulate as much as possible POB tokens since more users will definitely earn from their post rewards and curation as well. This is very good and beneficial to stakeholders especially but might reduce the price value of POB in a long-term which might not be desirable for the POB community tribe.
Instead, i suggest the following;
A. Users of the platform can constantly set pob-fund as 50% beneficiary on their post every Friday. I believe this will go a better way to bring about the development we want for the community frontend while the token will definitely gain traction during this course.
B. The 5000 POB with @proofofbrainio can be used to kickstart the development of the tribe frontend, or this token can be delegated to POB-Fund for curating pob-fund related posts on the platform. This can be used to generate more funds for the developmental task ahead.

2. Developing the frontend

Aside from the points outlined by @proofofbrainio in his post, below are my observations on using the frontend over time;

  • Pictures and gifs usually fail to upload
  • The post button takes more time to load before posting contents or fail to post contents at times.
    Thanks to @celi130 who has made completed my other observations on her post. It will be very good to look into this. I usually use the peakd interphase for my uploads due to this glitch in pob frontend.

3. Listing POB on external exchanges

This will definitely cost alot of money and can be attained through the cooperate effort of the community. This will definitely bring more value to the #pob tribe and it's token. With time, the pob token will become more valuable like that of btc.

Hope you find my suggestions thoughtful. Please let me know what you think or feel in the comment section below. Your reblog, upvote to support the pob-fund will be well appreciated as well.

This post is set as 50% beneficiary @pob-fund


Thank you for your time


Posted via proofofbrain.io



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25 comments
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I agree with the last suggestion that #pob should get listed on the external exchanges besides hive-engine. However, from whatever little i understand it would need a lot more in terms of security compliance to get listed on exchanges like binance. There would be lot more cost associated with listing and most important will be to have a lot more visibility on places outside hive ecosystem which includes twitter, linkedin and google searches


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That's very true @coffeelovers. It'll definitely cost more and take lots of security compliance for the #pob token to be listed on binance or coin gecko. Before then, it'll be lot better to promote #proofofbrain on diverse centralized social media for more visibility and participations by newbies and prospective users. If each user of this platform can promote #pob on Twitter, LinkedIn, google, reddit and other Platform, it'll promote the number of users thereby creating a more competitive platform for the benefit of its user as the value of #pob token will drastically rise up the ladder geometrically.


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All good ideas, I just have a slightly different take on it.

The main way to increase the value of a coin like this is to increase its demand, by encouraging more people to join the ecosystem, and engage. So lets try to bring as many people into this community as possible.

Whilst listing on exchanges can improve liquidity and value, POB probably is too early in its stage for any major exchange to consider it, mainly because the inflation is so high (at the start). If POB did want to list, the more viable option is probably through DEX, and that means thinking about cross chain solutions like BSC, similar to what LEO has done, or TLM (alien worlds currency)

Thanks for putting some though into the value, we all benefit in the long run

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Thank you for the wonderful comment and enlightenment. I wish @proofofbrainio is here to go through our respective contributions and i hope this is be very helpful to the community as well. Thank you for the wonderful comment @notak


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Often when I up-vote on the proofofbrain.io website the upvote doesn't appear. I guess this is a regression in the code or perhaps its a race condition fails because the code has grown so much.

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Totally agree with all brilliant ideas as you mentioned will developing user experience in platform and will pumping POB Token value


Posted via proofofbrain.io

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In the short term we can only raise pobs value by buying POB (raising demand on the market) or by creating great content, that makes people flock to us.
Buying wouldn't really help in the long run.

I don't know how I feel about selling big amounts of POB right now. Even if it's for the development of the frontend.
The volume is very low and the price is very volatile. Adding up buying and selling, only 600$ changed hands in the last 24 hours. Imagine someone would try to sell 5000 POB at any price. The price would plummet and I don't know how long it would take to recover.


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The price would plummet and I don't know how long it would take to recover.

I think this is exactly the reason why it should be done. @phusionphil made a post the other day about this.

Right now, only the 'rich' are going to be able to buy-in. These are people who are used to the ways that HIVE/STEEM/LEO currently operate, which is big stakes fuel each other, low stakes suck up. With a large sell-off the price could bottom out and more voices looking for change can move into the fold.

Otherwise, we're just going to see more accounts with the capital able to buy up larger stakes and history will repeat itself. Distribution across the board is crucial.


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Seems reasonable. My first thought was, that the whales will stay whales. They'll just get bigger stakes and more POB, when it's cheaper, but compared to the newcomers a small fish from hive or leofinance, might be considered a whale once prices rise. I think I'm too worried about the short run. It would be good in the long run, as long as we keep our appeal for newcomers. If our token were worthless, we wouldn't get so many new people flocking to us.

@phusionphil also suggested keeping a stable buywall at 1 hive to stabilize the bottom of the price. That seems like a fair compromise. But I'm pretty open for both developments. I'm happy with the amount of HP i reached and I don't have to worry about voting mana and RCs.


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Thats why I sold to counter buy pressure instead of dumping. I hope a bunch of diverse users are getting the POB token when I sell versus 1 whale getting it all in 1 order.

@darkflame showed me a exchange where the username was in the order book, I wonder which that was?

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@phusionphil selling to counter the buy pressure is a smart move by you....nice one....


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We need a good distribution, I am handing out a few POB I can profit from trading to random commenter, I will send you some POB from a profitable trade sometime too.

Whats your lucky number?

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Lack of good distribution is the reason why some tokens have not grown the way they should....


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(Edited)

@hive.blog,my name needed to know ,the ability of a person who normal babe Having proper knowledge in the crypto market will make a person to be able to really twill make a person to be able to really succeed as a succeed as a trader...@informationvault@informationvault


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(Edited)

@antonym, That's true but life is all about taking a risk. That's usual with cryptos as they're all volatile and may surge or decrease in $value at any moment. That's the more reason i feel that adding more 5000 pob to the market pool may cause a decrease on the $price tag.


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Listing POB on external exchanges
This will definitely cost alot of money and can be attained through the cooperate effort of the community.

@daniky is it possible for users on this community to dedicate funds to the @Pob-fund and use it to get the POB on exchanges....??


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