Financially forming the @ecobanker account

avatar
(Edited)

HIVE is a powerful tool to build on! As you may know from the posts on this feed, we are building towards the launch of our very own Land-backed project. The @ecobanker account was formed and the ECOBANK token has been reserved.

What you may not have noticed is that I have been including @ecobanker as beneficiary on some of my posts, which has resulted in a nice and growing pot of token monies!

image.png

Each project needs to create its base on the HIVE chain, that means creating a wallet. As I have explained here, it is my belief that not everyone needs a HIVE wallet, but projects and applications will need them.

Building out a HIVE wallet for a project.

I wasn't exactly sure how I would go about doing this for the @ecobanker project, but since I post regularily, I just added it as a portion of my posting rewards and kept posting, vowing to think about the details later.

image.png

We have got 359 HP so far, and we have been powering up all the liquid HIVE that lands on the account.

Some of the HP is currently delegated to @brofi to earn BRO tokens. Plus the account is now generating its own RC to operate on the blockchain. It has become an owner of HIVE.

image.png

We have 160 HBD that we had locked up in savings, earning a bit along the way, we still have ~75 cents of HBD to claim there. The reason we are removing it is that I have found a better place to store these, something I will possibly write about more in a future post.

image.png

We've also earned a good number of hive-engine tokens in the mean time. Our LEO is also delegated to brofi, and we continue to power up and delegate to that program to receive BRO.

You can see here we have staked the BXT received from the airdrop, this was likely due to this account's use in dCity.

image.png

I have the same agreement with this account as I have with the SYNERGY FUND @ecoinstats, the Spanish Sustainable Development project @quintaesencia, as well as the Gardening Community Fund project @ecosaint - when it comes to dCity, all the cards are mine, and all the tokens stay with the account in question.

This gives a nice bonus to these accounts and let's me play my multi-account strats on dCity without confusion.

@ecobanker had built up a bit of SIM, and recently we sold off our earned SPT and ONEUP tokens on this account to match liquidity for the SWAP.HIVE:SIM pool.

image.png

So that is an other 85 dollars in the account's favor. All in all its about 630 dollars of value on the account already, which I think is what you could call a good start.

There will be more information on the ECOBANK project coming shortly, I did lose my phone, but we have been moving forward on all fronts, and are definitely looking to start the pre-sale in December of this year to begin contruction in January of next year.

Consider this project a way to lock in some token gains this cycle into a physical value backed asset, and consider also the 'bolthole emergency' situation when analyzing this benefit. To lever into the ECOBANK project early could turn out to be the cheapest insurance policy you could think of.

More updates coming soon!

Freedom and Friendship!



0
0
0.000
5 comments
avatar

pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 80 of my contest just started...you can now check the winners of the previous week!
15

0
0
0.000
avatar

Oh so this account has already started generating funds for the land project? I always think it's better to have some funds on hand just incase. I'll look forward to next month.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Can't wait!
Glad to see the account is already growing

0
0
0.000
avatar

This is interesting Alex! I am sure I missed some posts of yours from the past as not everything is clear to me.
Looking forward to reading more for your future post.

0
0
0.000