UTOPIS to cut off at 150,000 tokens.
As well as bringing you guys and gals some of the best dividends on the hive-chain, UTOPIS will also be focusing on coin growth in the near future. That means we will be suggesting a pruning the top of our Market Cap down to 150,000.
We did this because whilst money coming in to buy new gear, equipment and other tokens is a good thing, we will have to close the door at some point else we get stuck in a never ending cycle. Token growth will stagnate, and dividends will eventually dilute.
That’s why I am suggesting a cap of 150,000. It is the right balance between exponential growth, amazing dividends, and more importantly token price growth. I am hoping that once the upper cap is reached then tokens will rise in price as scarcity becomes a thing.
15K will be in reserve I case of other various opportunities present themselves.
What does this mean for you?
Nothing at the moment. Just continue to buy, hold, or sell, and watch us grow as a community as we develop and try new things.
The beauty of UTOPIS is that a lot of my income streams are off-chain, and when the Hive stops coming in from the token sales I will still have many income streams, and by that time a very beefy token mining operation.
This is going to be great!
Thanks! I think this is it right here.
- Big things coming for Utopis
These are some thoughts 💭 I’ve been having.
I made a discord.
This is of course only the start of what we can achieve. My first aim is to create an extremely bulky project with a competitive coin price that pays out outstanding dividends. The afterwards I will look into forwarding our direction from there. So, expect another roadmap in due course. For now, though, it’s going to be epic, and in the words of Bill and Ted.
“The Best Time To Be Is Now, And All’s We Can Say Is...Let’s Rock!”
You can you buy Utopis on Tribaldex.
“Tribaldex is made by the same Hive-Engine Team”
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Sorry, out of BEER, please retry later...
Smart move.
Time to enter the next phase of the project.
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I think I have some good ideas for the project moving forward.
I agree. Putting a finite number on the project will both encourage people to get in before they're gone and also allow the focus to be on enhancing the value of the overall project without having to worry about dilution. Seems like a good move to me and I'm looking forward to what you've got planned. Keep up the great work! I love being part of this project.
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My thoughts exactly.
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Putting a hardcap on this kind of project is smart thinking... and should definitely help the token value in the long run. Although the cryptosphere seems to be all about getting away from the "scarcity mindset," there are still instances where some scarcity is beneficial.
=^..^=
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Funny you mention that, I wrote a piece on the new DEFI move high yield trillions upon trillions of coins.
at the end of it all early bird gets the worm.
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The hard cap will be nice. Now if only I had enough HIVE to place more buy orders in and take advantage of some of those dumps.
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I think that's a wise choise man!
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This is good news for $UTOPIS holders and an incentive for buyers.
Ps: did you follow my Yat link?
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!PIZZA
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Great way to go. Time to increase my holding before the price goes higher
Your post was promoted by @amr008
Awesome. I need more ....
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