Self -Funded, Hive backed Sustainable Tipping Token


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This post is not financial advice If you decide to follow what I am doing you do so at your own risk.

Yes, I'm talking about UNICOIN the token I just launched. Check out the @uni-coin account for all the information you need. Hive holdings - backed before mint, buybacks, HSBI and other token exchanges and yes the tip bot pays for the tokens.

Hive's First Self -Funded, Hive backed Sustainable Tipping Token

A bold statement yes. but it's 100% true.

How? Simple. Bot calls are based on HP delegations instead of tokens held. This supports the release of the tokens as they are paid for with curation earnings.

This wasn't easy to implement and the bot is still in "Beta". but it works.

I saw what I believe to be a flaw in not just tipping tokens but tokens that are not backed by Hive. They are hype inflationary and once established it's difficult for token owners to sell their tokens, to raise capital to fund and run the project because there is so much competition. People will buy the cheapest listing (nothing wrong with that). Also most tipping tokens don't have a use case .Some do, but many don't.

With UNICOIN regular buybacks at a profit and exchanges give it a real use case and all tokens are backed before mint and only minted when absolutely necessary. Tokens aren't just minted because they are backed.

Currently there is a surplus of 435+ HP to tokens in circulation-that's not counting liquid Hive , HBD and other Hive-engine assets. And we are just getting started.

Having the tip bot be HP delegation based also reduces the risk of loss for folks using the bot.They are delegating so the Hive power is still theirs. No funds need to be exchanged directly, folks can "mine' the token by using the bot-tipping creators they like in the process. Of course folks can buy from the markets as well.

More information about how we did it will be released and the code will be open source so if others want to adopt a similar system it will be a heck of a lot easier then when we did it.

The bot is still a bit buggy and some things like the error messages and collection posts still need editing but it works.

I'm very proud of it. I came up with the idea, the tokenomics etc and my husband did the coding to make it happen.

I want to thank everyone for your support so far.
❤️🦄



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