RE: HOPE TOKEN - important question: WHY and WHAT FOR? [join discussion]

You are viewing a single comment's thread from:

HOPE TOKEN - important question: WHY and WHAT FOR? [join discussion]

in hive-175254 •  3 years ago 

I definitely see the value of launching a token for the sake of growing, learning, and having fun! But, I am not really sure if it would be greatly needed. It might be, but if you plan on using liquid steem from rewards to "buyback" HOPE tokens in the future, then it might raise the value of the HOPE tokens owned by the Project Hope enthusiasts, but wouldn't it at the same time take away from the tokens you would spend on supporting others anyway? So, it might give some value to the HOPE token, but at the same time, decrease the STEEM rewards shared with people you support, and thus... you are just as far in the end?

I am just asking :) No matter what, having your own token is always fun and I definitely see the need for some fresh air, so I would easily get the reasons for doing it as well!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Thank you for your thoughfull feedback
I think do understand you and quite agree with you @unbiasedwriter

The thing is that we've already planned to move away from supporting our core team with fixed amount of STEEM. It came with many challenges and we're hoping that launching HOPE token will help to overcome most of them.

Time will show :)

Hi, @unbiasedwriter!

Please support our team (@alexmove.witness and @steemit-market). We ask you to vote for us as witnesses. We are developing automatic checks for the uniqueness of posts, user ratings and other scripts and activities. We are also preparing a big project - the online shop (sale for STEEM/SBD).

Every day we send double cashback to those who voted for us. Your vote is very important to us!