We Are Alive - White Paper Updated

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White Paper Updated

As has been promised the white paper for the ALIVE and ALIVEM token has now been updated with the new strategy for our miners.

Download this white paper here, White Paper 2.0 - ALIVE And ALIVEM

This is a minimal edit to update our new setup for ALIVEM and which we have already got feedback on in our posts.

Directly after publishing this post we will burn the 985 000 ALIVEM of our Max Supply which we no longer need, and so that we only have the 15 000 left which we will sell according to our price strategy.

What Now?

Now download the white paper and read it, and then start adding buy orders for ALIVEM at a price point of 5 Hive per token.

Once the buy orders at 5 Hive per token reaches a total of 1000 Hive we will issue 1000 ALIVEM and put them up for sale at 5 Hive each.

We will then use the Hive we get to buy BEE, and once we have 2100 BEE we will enable Staking and the mining contract for the ALIVEM tokens and they will start to mine ALIVE tokens.

The 2100 BEE is needed as follows.

Staking: 1000 BEE
Mining Contract: 1000 BEE
Update Scotbot: 100 BEE

20% of ALIVE token daily rewards will then go to miners, and 80% to authors and curators, and do note that this does not increase the total daily rewards but the miners takes 20% of what is currently distributed to authors and curators.

After the miners have been fully launched and we get enough funds for selling them we will also enable ALIVE token delegations, which cost another 1000 BEE.

Once we have done that then our tokens are feature complete in regards to Hive-engine, even if we might also add it to Leodex too.

Then our full focus will be to keep developing our tribe projects to create demand for our token, and also to delegate ALIVE Power to tribe member projects that works in the same direction using @aliveprojects.

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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19 comments
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985 000 ALIVEM was issued to @null and thereby burning them, which means our Max Supply is now 15 000 ALIVEM.

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@flaxz Eric, the King has an order in for 23 Miners. Have a blessed day!

!WINE

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Thanks a lot Sire, we humbly thank thee.

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Thanks a lot for your support.

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The King has another open order for 27 miners for a total of 50 for the kingdom.

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Placed the buy order... when the miners will be expected for sale?

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Thanks a lot man, I will create a sell order for 1000 miners at 5 Hive each once we have standing buy orders at the 5 Hive price point of 1000 Hive, we need 2100 BEE to make them start mining so depending on the market we might need to sell some more miners before we have that, but that will most likely be quite marginal.

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We just got over 1000 Hive in standing buy orders, and a sell order of 1000 ALIVEM was placed at 5 Hive each, we have now created a buy order for BEE with the Hive that we got, it is a limit order just at where the buy orders are right now, and our Hive if this buy order is filled can buy 1966 BEE, and what we need for the miners to start working is 2100 BEE.

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