Rough Draft Whitepaper for Hive Images Tribe and PHOTO Token
NOTE: This post is a general outline of Hive Images tribe and PHOTO token which will launch soon. Based on replies this post will likely be edited for updates and clarification. A final draft whitepaper will be posted after this post's payout next week.
PHOTO token is a token for the community of amateur and professional photographers on the Hive platform to help support and incentivize original user-generated photographic content. Hive Images will be a sister tribe of MemeHive and also serves a secondary purpose of encouraging the creation of stock images which can be used as meme templates.
The hive.photo website will be a sister website of hiveme.me.
Relevant post topics for PHOTO token include but are not limited to:
- Color/black and white photography
- Photorealistic images
- Photography/photographic equipment/photo editing software tutorials
- Discussions concerning photography
- Photography contests
- Holography and 3D photography
The emphasis is user-generated images. PHOTO token rewards are not meant for posts with photos not made by the user from current news media or other sources unless the photo(s) are being critiqued by the user.
Token: PHOTO
Issuer account: @hivephoto
Website: hive.photo
Maximum Supply : 1,000,000,000 PHOTO
Tags: #photography, #bnwphotography, #hiveimages, #hivestockimages, #hive-134860
PHOTO token is planned to be launched on July 19, 2022. Staking and delegation will be enabled with an emission of 14,400 PHOTO minted daily for the reward pool. The payout window is 7 days. 50/50 split in curation rewards with 100% staked reward payout.
At launch 4.1 million PHOTO tokens will be generated and segregated.
- 500,000 PHOTO staked to founder account (@holovision.photo)
- 500,000 PHOTO staked to issuer account (@photohive)
- 2,000,000 PHOTO set aside for promotion, contests, bounties, ect. (@photo.nft)
- 1,000,000 PHOTO to go into tribaldex.com diesel pools.
- 100,000 PHOTO tokens put on market for sale at a price of 0.01 SWAP.HIVE
Shortly after PHOTO token is launched the hive.photo website will be on-line and a PHOTO:MEME liquidity pool will be set up.
Something different would be better. Something different than the traditional Hive reward distribution. Something new.
Personally I am not opposed to that suggestion but there are some practical reasons for a seven day window so it isn't arbitrary. A few other tokens have certainly gone for other amounts. HUSTLE has 5 days, WEED has 4.20 days and BLOG has a 1 day window. VYB has an 8 day window.
Are you suggesting something like a 14 day window? I don't know of any tokens doing that and it certainly would keep some posts in the Hot category longer. ScotBot cashout window setting can go up to 30 days.😁
How iconic. I am not a weed smoker, but I like that. They are kind of "obsessed" with the 4.20.
I do not know actually. Maybe something entirely different. For example a continuous reward distribution based on the upvotes a post/comment receive. But I do not know whether that is technically possible on this blockchain, or not.
Like a token that rewards upvoting a post made years ago? For example, today July 13, 2022 you came across my June 8, 2018 post about the only Superman TV episode in the public domain:
https://peakd.com/entertainment/@holovision/4nl9kql1
Taking pity that I attempted to review that episode you'd hypothetically upvote with a token that pays out in 7 days (July 20, 2022) even though the first layer HIVE token doesn't pay out for old posts.
Yes. Something like that. A reward distribution mode, which is independent from the time of posting.
When I first got to the chain there were 24hr and 30 day payouts, perhaps something like that can come back in the outposts?
The analog photo community would love this! Also me as a photographer I am in! I already hold a bit of meme so I am likely to participate in the LP as well :)
Dear @holovision, sorry to jump in a bit off topic but may I ask you to support the HiveSQL proposal?
It lost its funding recently and your help would be much appreciated to keep the HiveSQL service free for the Hive community.
You can do it on Peakd, Ecency, Hive.blog or using HiveSigner.
Thank you for your support!
Congratulations @holovision! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 88000 upvotes.
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May the Hive Power be with you!
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