Introducing the Hivelist Token (LIST) on Hive-Engine

in HIVELIST Classifieds4 months ago (edited)


Hivelist Token (LIST) is built on the Hive Engine Scotbot platform. LIST is the native token for the Hivelist community. HiveList’s purpose is to bring a classifieds ad service and marketplace to the Hive blockchain. The purpose of the token is to reward members for using the community for posting their ads to the blockchain as well as for use as payment for services on the Hivelist.io site.

These services will include featured ads posts written by the Hivelist admin, promoted posts, front page and side bar advertisements, etc. Our hope is that it will also be used to trade goods and services on the Hivelist community in addition to Hive and any other currency people want to accept. Site fees may vary to compensate for the current price of LIST/HIVE market pairing on Hive-Engine.com. Announcements will be made in advance when the fees adjust. Fees will only adjust once every 24 hours.

Any services paid to @hivelist that are paid for in LIST tokens will be used to continue to reward the community and help onboard new members.

Token Economics

Total supply of LIST: 500,000,000 (500M) LIST

Initial issuance of LIST Token: 50,000,000 (50M) LIST to @hivelist.token to create the reward pool for future distribution from the Hivelist community.

Initial issuance date: May 22, 2020

Future issuances from Hive-Engine to the @hivelist.token rewards pool account will be issued by the @hivelist owner account when the @hivelist.token account reaches 5,000,000 (5M) available LIST tokens. Issuances will be made in amounts of 50,000,000 (50M) LIST.

More tokens will be released for sale on the Hive-Engine market as demand increases. Initial token sell orders will be placed from the @hivelist.token account. Any market maker sell orders from Hivelist will be done from the @hivelist.token account but only as needed to keep tokens flowing through the market.

5 day payout windows

Unstaking occurs in 42 days in 6 installments - 1 per week

Linear rewards curve

REWARD POOL

The current reward pool is 1800 LIST per day. Current settings have this amount decreasing by .5% every year. This could be adjusted in the future based on the size of the community and the price of LIST.

The inflation rewards shrink every year by 0.5%

Voting calculation works the same as Hive.

You get 10 votes a day similar to Hive.

Your voting power recharges completely from zero over 5 days (20% per day).

Ways to earn Hivelist Token (LIST):


Proof of Brain (90% of rewards pool):

Tags to use to earn LIST:

#hivelist, #classifieds, #hive-150840

If you sign up to Hivelist.io and follow proper set up instructions, these tags should be added directly to your profile and all posts made from the Hivelist.io front end will automatically have the tags added.

Posting ads, voting, and commenting are rewarded. Your LIST stake also gives your vote more weight, same as HIVE and other Hive Engine tokens like WEED, PAL, LEO, etc.

Author rewards: 60%

Curation rewards: 40%

Staking (10% of rewards pool):

Staking your LIST on Hive-Engine you will earn more tokens. The more tokens you hold will also increase your voting power, just like Hive.

Sign up with Hivelist.io

Earn LIST by signing up on the Hivelist.io website. Signing up your account and successfully setting up your profile on https://hivelist.io will earn you a small amount of list.

First 100 members to sign up to the site will be rewarded 500 LIST tokens. Beyond that, sign up rewards will be 50 LIST tokens. These will be manually sent by the Hivelist admin once daily for all the sign ups that happened the day before. To make sure you correctly receive your LIST tokens, please make sure you register to the Hivelist.io front end using your correct Hive account as the user name and Preferably the display name as well. This is how we know to send your tokens to the right place.

Faucets and Sinks

You can think of the distribution of the supply of LIST and demand for the use-cases for a currency as faucets and sinks respectively. Faucets include distributing LIST through rewards, sales and signing up on https://hivelist.io. Sinks include accepting LIST for use cases like promotional services and accepting as currency for products and other services.

Initial Distribution from @hivelist.token

250,000 LIST to @thelogicaldude as a founder’s fee to use for staking for the ability to give high post vote rewards. This is the founder’s payout so staking rewards will be used for personal use by @thelogicaldude.

250,000 LIST to @hivelist for staking and high reward value voting. Staking rewards will be used to pay sign up bonuses for the Hivelist.io front end and be used to put back into the community.

250,000 LIST to @hivelist to use for community marketing, contests, sign up bonuses, and initial airdrops to first community members and people that assisted in the creation of the community and token.

Initial Token Sale from @hivelist.token on Hive-Engine:


Click here to buy LIST on the Hive-Engine market

Initial Token Sale Date: May 24, 2020

20,000 LIST at 0.05 HIVE

20,000 LIST at 0.1 HIVE

20,000 LIST at 0.2 HIVE

80,000 LIST at 0.4 HIVE

80,000 LIST at 0.8 HIVE

100,000 LIST at 1.6 HIVE

100,000 LIST at 3.2 HIVE

See the current parameters for the Hivelist Token Scotbot

https://scot-api.steem-engine.com/config?token=LIST

See the activity info for LIST Scotbot

https://scot-api.steem-engine.com/info?token=LIST



Posted from my blog with SteemPress : https://hivelist.io/2020/05/24/introducing-the-hivelist-token-list-on-hive-engine/
Sort:  

Bought 50 tokens for starters. Good luck!

I signed up :-)

Awesome! You have been sent your 500 LIST for being in the first 100 members! Make sure you get your HIVE information set up correctly so that any posts you make go to the blockchain and the Hivelist Classifieds community. Check out the link below for the guide on getting it all set up properly!

https://hivelist.io/setting-up-your-profile-on-hivelist-io/

Done. I've set up the Steempress stuff. Interesting use, will watch and see what I can do with this!

I signed up and bought 50 tokens, Greetings

Just signed up. Great project!

Thanks!

I might have to get some of these

Great idea! All signed up and account activated. Just not obvious how to connect one's actual Hive account. 😊

There is an article in the getting started area that explains how to add it to the profile. Wish I could make it a bit easier, but it only has to be done once.

Terrific idea. I hope that this really takes off. One of the biggest drawbacks is that there is no economy really within cryptocurrency. The question what can I do with the token has never been fully answered.

I will have to give this site a look.

Thanks for your development.

Posted Using LeoFinance

That's been the idea for a while. I have felt that this community has needed a type of market place for a while. Still working on the full multivendor market place, trying to work out kinks with HIVE payments at this point, but at least though we would start with the classifieds first then move on from there. It's a work in progress, getting the token launched has been a big job, but now that is done, we can focus on building the community and adding other features.

I am looking forward to the progress. I agree with you about the market place. It is sadly missing from crypto in general and Hive in particular. Providing an outlet for people to use their tokens has to be high on the list.

Hopefully after the rollout you are able to upgrade the system rather quickly.

Posted Using LeoFinance

Nice improvement. How about the people, who already joined?

you should check your wallet on hive-engine! Little something for being the first to sign up!

Oh yes, can see it now. Very much appreciated! Have been writing down some ideas every now and then, since the resource market is crucial for an advanced community. Gonna publish them when they start to fit together.

How to participate in token sale ?

Tokens are for sale on the Hive Engine market!

https://hive-engine.com/?p=market&t=LIST

I'm new to this app, can someone enlighten me on how to earn money on this app? Thanks.

It is meant to be similar to Craigslist, except your posts earn LIST and HIVE. You can also earn through voting on posts as well just like HIVE and other tribes. You can also earn by staking the coins you earn by signing up to the main site. It's all listed in the article above.

Awesome, I’ve been waiting for something like this to finally coalesce...

I like this. I am a total newbie earning while I'm learning how this works.

Congratulations @hivelist! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You published more than 10 posts. Your next target is to reach 20 posts.

You can view your badges on your board And compare to others on the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Support the HiveBuzz project. Vote for our proposal!

Signed up for hivelist.io is the token thing still running

It is! We send out tokens once a day for everyone that signed up in the 24 hours prior. Thanks for signing up!

Your welcome, I can't wait to stake them