We Are Alive - ALIVEM Update - Please Give Your Feedback

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ALIVEM Update - Please Give Your Feedback

So a few days back I posted this with my @flaxz account, Update About The Miners - Suggestion For A Better Strategy.

There I suggested that we update how the strategy for our ALIVEM miner tokens are going to work, and to also update our White Paper accordingly, White Paper - ALIVE And ALIVEM.

Most of the feedback there was positive, and there was also some that was less positive which I think has to do with not really knowing how the miners work and what the numbers therefore mean in practise.

I did answer all comments but I am not sure that they where all read, or understood the full meaning of them.

So here I want to address all of this, plus I will also mention all of our Founders to make sure that noone is missing any of this.

@achim03
@adysscheryl
@aliveprojects
@alokkumar121
@bradleyarrow
@chireerocks
@ddn688
@elianaicgomes
@femcy-willy
@flaxz
@flaxz.alive
@flaxz.ctp
@greensempire
@gurseerat
@guurry123
@hafiz34
@harpreetjanda
@hirohurl
@iamalivechalleng
@iamraincrystal
@imfarhad
@jakiro12
@jimmy.adames
@jlufer
@kaseldz
@khan.dayyanz
@liotes
@lisamgentile1961
@maddogmike
@primersion
@rickardoh
@thisisawesome

Comparison To Other Miners And The Rate Of Mining ALIVE Tokens

So what was a bit in question was that some thought that because other tribes miner tokens was mining at a very low rate then that meant all miners in all tribes would do that too.

Then there was the question of the increased price and that some thought that meant a lower return of investment, which I think they meant the miners would have a set rate for each miner token.

Both of these are actually related, and both are also NOT correct.

To start with the miners do not have a set rate with which they are mining ALIVE tokens with, the rate is set for all miners together.

Each miner acts as a lottery ticket, and there is an hourly drawing with 20 winners per hour, which means that the fewer miners that have been sold the more ALIVE tokens each miner will win to it's owner.

This is also why miners for all tribes are not equal, take CTPM for example, you can see the list of CTPM holders here, https://clicktrackprofit.com/v2/richlist/?token=CTPM

Just looking at that list it is quite obvious why you need a lot of miners staked to earn something from them, and then you look at our suggested strategy below to compare how many miners we will sell.

And do note the price for each level of miners released and it should be quite obvious that we will not sell that many of them, which means the value of each miner is high, and that each miner have a high chance of winning at a good rate.

The Suggested Strategy

So here is the suggested strategy and price structure that is the proposed update for how we want to do our ALIVEM miners.

ALIVEMPriceSum Hive
100055000
20001010000
30002020000
40004040000
50008080000
6000160160000
7000320320000
8000640640000
900012801280000
1000025602560000
1100051205120000
120001024010240000
130002048020480000
140004096040960000
150008192081920000
Total163835000

15 000 miners in total, and the price per token, and the total Hive for selling all tokens on each level.

This is the strategy that I want to update our White Paper with and then implement, please add your feedback and what you think of it.

To launch the miners we need 1000 BEE to enable staking, another 1000 BEE to enable the mining contract, and 100 BEE to update Scotbot, so 2100 BEE in total.

We will get this by selling the miners on the market, and to make sure that we do not repeat the drawn out funding process when we funded our tribe, then I want to see standing buy orders of at least 1000 Hive for ALIVEM at 5 Hive per token in the market before issueing the first 1000 ALIVEM and putting them up for sale on the market.

This of course after all feedback and after updating our White Paper.

Thank You!

Thank you very much for reading this post, leave your thoughts in the comments below, and ...

Stay safe, awesome and alive!

Sincerely,
We Are Alive And .Social

Written by @flaxz

This is my own personal opinion, do your own research before investing, and seek legal counsel if uncertain.


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@wearealive



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28 comments
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Thanks @flaxz for always keeping us updated and informed. In many instances, I’m still learning all this stuff; but I also know that whatever you do is for the benefit of the tribe.

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Thank you very much Jimmy, yes I think that this set up will be very beneficial, enjoy your day.

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Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

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Understanding Hive tokenomics aren't my strongest skill, but beyond 80 Hive a token seems a bit on the absurd side. Especially that last one. Is it the same concept as block halving with BTC for example?

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Thanks man, and I would say more like price doubling for each 1000 miners released to the market, but in some concept that would be related I think, and the idea is not to make people buy all tokens at once even if we will put them up for sale as each batch of 1000 is sold, the plan is for the long term when we grow to over 100 million members.

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Makes sense. Thanks for the explanation.

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Okay.
This is a nice idea.
I think the funding should start right away.
I believe it won't affect the price of alive token since more tokens will be generated

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Thanks Daniel, though one thing I need to correct you on, this will not increase the issueing of ALIVE tokens as the miners will get 20% of the current daily token pool that we already issue each day, and as to releasing them since we do need 2100 BEE to make the miners start mining ALIVE tokens then I really think we need to have at least half of what we need in standing orders before releasing the first batch, enjoy your day.

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amazing news bro!!! i will buy some minners

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Thank you very much and for your great support, I am glad that you like this set up.

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Its good idea but the price structure after level 3 seems to expensive... its my personal thoughts and I dont have good skill in token value calculations....


Posted via proofofbrain.io

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Thanks a lot @guurry123, yeah the idea is not that buyers will buy all miners at once but that we will sell all of them when we get over 100 million members.

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Thank you for meaningful engagement in the We Are Alive Tribe, your comment has been upvoted with ALIVE Power, #YouAreAlive


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Check out the Alive Engagement Contest on @iamalivechalleng, daily prizes of 200 Hive Power, every day!

Come and hang out at the @alive.chat, new chat post every day, meaningful comments are rewarded, share your ideas and news or ask any question.

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How are you dear friend @wearealive good afternoon
the table is very tempting, it invites to make an investment, the scale of growth of the investment motivates any investor.
For how much do you estimate the first miners?

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Thanks a lot José, so as the table states the first 1000 miners will be sold for 5 Hive each, and then the price doubles for each 1000 more that we release for sale, and the idea is that we will sell the last of them once we get to over 100 million members while still being able to continue funding the tribes operation, enjoy your day.

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Thank you for meaningful engagement in the We Are Alive Tribe, your comment has been upvoted with ALIVE Power, #YouAreAlive


Made in Canva


Check out the Alive Engagement Contest on @iamalivechalleng, daily prizes of 200 Hive Power, every day!

Come and hang out at the @alive.chat, new chat post every day, meaningful comments are rewarded, share your ideas and news or ask any question.

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