NARRATIVE AIRDROP
26 March 2018
Should I jump into Narrative NRVE, or now NRV, a NEO based token and Steem competition, to receive NTV airdrop tokens and rewards? this can be very confusing given there monetary policy and really just how much money is at stake here?
Ok Narrative, is developing Native in tandem, a rewards platform using NTV token to reward content creators. NTV tokens will be redeemable in FIAT or tokens, that is a good thing.
merchants will have the ability to customize there rewards system based on there perceived business strategy, that is a great thing. This allows for, "Open Architecture," a must for the model of future business success. Without it the consumer is left with an inferior of the shelf product and now way to apply it effectively.
200 million NTV and PEP tokens will be minted by narrative, NRVE. They will burn all unsold tokens. This limits and fixes the number of tokens in the system. because the circulating supply value is never diluted by additional tokens being added to it like STEEM does to create stability.
NTV is there new reward token and PEP is Narratives new transaction fee token. Approximately 45% of tokens will be airdropped to NRVE holders at the rate of .6 NTV per 1 NRVE held. however the pep token sale has not been determined yet. So if you hold one hundred NRVE you get 60 NTV. Or for every $100 NRVE you hold you will receive $60 in NTV.WOW.
Users, according to NRVE, will receive a small % of all rewards received each month. As well as 20% of fees taken.
A new wallet that holds neo, gas, NTV and PEP is also being developed. the wallet also allows you to see and receive rewards from multiple merchants.
This could be a good deal or a bad deal for investors because this is a new company. I do not see a vesting , or holding time requirement for NTV or NRVE which means investors could jump in to receive the airdrop then cash out there NTV with the FIAT option creating volatility . Steem is a viable working machine and a tough competitor for Narrative. Steems monetary policy provides a far better price stability rule. Lets remember Danny Larimer created STEEM also is behind EOS NEOs competition. But investors are attracted to money making opportunities even if they seem to good to be true. In the confusion NRVE might be creating a pump and dump scenario without realizing this. I would hate to buy this at a dollar and a week later its worth a tenth of a cent. https://pangeaecoin.com/