Steemish Get New Face Lift And Website Redesign
What's the hold up with the ICO?
We are straightforward with our answers. We goofed up and launched a few weeks too soon. We wanted to launch in an easy way so anyone could really participate if they believe in what we are doing. Many of our members are new to crypto currency and we wanted to use the Proof Suite Dashboard to help new members be able to participate without the burden of learning how to set-up an ethereum wallet for an ICO . Many people want to help but maybe do not have the desire to download Google Chrome and install the Meta Mask extension or something similar. Many people might just now be getting used to crypto and their only experience is maybe Coinbase and Steemit.
We started https://SteemThat.com to help new members like this grow and that is what we intend to do. The Proof platform is still in beta and not fully ready for primetime. One thing that it does for users is give them several ways to participate in Steemish. Members can add USD, EUR, BTC or Ethereum to their Proof Wallets. Then they can purchase Steemish which is traded under the Symbol Stish... Doing things this way helps to add more security and credibility to the platform. Once you place your order we have to send the Steemish to your ERC-20 Wallet which is created for you when you create your account. Once we do that we get the funds. This protects customers from scams online. Plus helps us stay KYC compliant.
Currently if you want to purchase Steemish you can purchase Pre- ICO...Let me tell you step by step exactly how..
Some people choose to message me on SteemThat.com with their Ethereum Address That They Want To Receive Their Steemish. They tell me how much they wish to purchase and I send them an ethereum or litecoin or steem, sbd address that they can send the appropriate amount. Simple enough. This is old school P2P.
Another way is simply to visit https://steemthat.com/tokens/ and buy Some Steem That Tokens and then once you have a membership account at SteemThat.com you can transfer them to @steemthat on the website with your ethereum address in the memo. You could additionally do the same with Steem and SBD if you wanted. Just look at the Price Of Steemish which is currently 0.25 USD per Stish. Send the appropriate amount with your Ethereum address that is compatible with ERC 20 IN THE MEMO to @steemthat on Steemit. Once we see the transfer of your funds and the Ethereum address we will start the send process of the Steemish.
How To Setup A ERC-20 Compatible Wallet.
If you need an ERC wallet this is the easiest to get set up…https://www.myetherwallet.com/ and here is a video that shows you how to setup your wallet for New TOKENS like Steemish.
Things You Will Need To Set Up Your Wallet:
You will need to send a small amount of ethereum to your wallet address if you do not have any. $20 bucks of Ethereum will help you make trades down the road. Your New Ethereum Wallet Address Will Start With 0X. You can send Ethereum or ERC 20 tokens built on Ethereum to this new address. You can use Changelly loactaed at the bottom of most pages on SteemThat.com or your favorite place to purchase crypto.
Ethereum is not required but highly recommended to have some in your wallet. Ethereum does require you to pay fees to transfer the funds between members. These fees are referred to as gas fees as if their miners use gas fuel to do the mining or verification of the tokens!
To set-up your wallet for Any ERC20 You Will Need A Few Things For The Custom Tokens Area:
Steemish Contract Address From Etherscan: 0xE743b591A9fbF593Ff2214c4B3B7c9Bf1122431A
You will need the name of the Crypto: Steemish
You Will Need The Decimals: 0
Once setup you should be able to see that your tokens are in your wallet. The way I look at is in my real world wallet I usually had two slots for bills. One I used for small bills like 1,5,10 and then the other I put 20,50, 100. It helped me to organize my funds. If you want to see the original contract no problems: See Full Contract Here (https://etherscan.io/address/E743b591A9fbF593Ff2214c4B3B7c9Bf1122431A)
Wondering Why We Made Whole Numbers… Mainly to avoid a million micro transactions that would bleed us dry from all of the fees. Plus after the 4 year mark or sooner if the community wants to vote on it we can do a hardfork and it is easier to handle this with whole tokens than with smaller portions in my opinion. We are building for the future.
How Does Steemish Have Value? Why Should I Participate?
The Short Version: The more people are growing and enjoying the community and tools the more people will want to come. Eventually we can charge membership fees to get in. The fees will need to be paid in Steemish and it will require members to sell their tokens as their is a limited supply of tokens. Members essentially determine how much their tokens are worth based on how much demand they create by being here and interacting with each other. As more people want to join and the tokens get fewer and fewer over time this increase in demand with a low supply should cause an increase in price.
See the white paper and ICO page for the long version... https://SteemThat.com
On the flip side of this if someone is tired of being here they could sell their Steemish and possibly leave the community. This would be a sad day but could create a favorable position for someone wanting to join. The exchange will be finished soon we hope that will help make this process super easy.
Members currently have more reasons to be on https://SteemThat.com than really any other platform. There are so many tools and reasons that we would need to build a whole website just to list them all. Join now for free before the free spots are gone and see for yourself. Space is limited.
So in essence, does this mean a complete break from the Steemit platform? I'm hoping not. I am a member on SteemThat and hope that this interface with Steemit can grow and evolve. To conflate the SteemThat experience with a new and different token sounds to me like SteemThat is biting the hand that feeds it.
We started with a simple in house rewards points system called Steem That Tokens. We originally wanted to use SMT but Steemit still hasn't released any updates about these or if they will even do this. Actually Steemish will help prop up Steem and SBD. If you get a chance to read the white paper I think you will find it interesting. SteemThat.com is a vehicle to disseminate the Steemish tokens. The more people that have Steemish in their hands the better as a general rule.
We will be investing 50% of revenue earned from Participation with Steemish or SteemThat tokens into Steem for the Curation Specialist Accounts. For those that might not know what these are let me explain. The Curation Accounts Upvote Members Of SteemThat who use the Auto Share Feature. Additionally these accounts will white list your Account once you help them grow. Being white listed helps ensure you always receive some upvotes for your posts and get larger percentages of upvotes verses free accounts... The more powerful they get the better it is for you and the community!
Our existing rewards system was not trade-able as it wasn't blockchain based. The Steemish Tokens are blockchain based and are currently trade-able P2P and eventually will be trade-able on exchanges. This give users something more than just a hope and a dream. With a limited supply and increased demand if we were to enact a membership fee at some point that requires Steemish to purchase that membership and members have the EPOS majority position then members can determine the value of the Steemish and trade them accordingly. It is truly a free market token built on the Ethereum blockchain.
As more and more platforms become decentralize and offer rewards for works done we can be more than just a platform that promotes Steemit and helps Steemians Grow. We can also find other platforms such as Dtube or non Steem blockchain platforms that reward customers and assist with various platforms all while also helping members earn some rewards that will one day help them get started on the various platforms as the barriers to entry continue to rise. Our first focus will be on Steem blockchain platforms.
https://SteemThat.com is a small community membership platform that offers 2nd tier rewards to help members learn how to grow on first tier platforms. If Steemit were to collapse tomorrow we would be up a creek and what do we offer our customers? Steemit is still in Beta and a proof of concept platform in transition. Anything could happen and I hope it shoots the moon! We have a 4 year plan of community development growth and though I would love to put all our eggs in one basket I don't think it is wise to do so.
We feel that SteemThat.com is a complimentary platform that can at some point extend its reach further if needed and capitalized. We do offer a real social media platform that is still missing from Steemit after 2 years and millions of dollars. We help real people connect with real people.
What Happens If SteemThat.com fails?
Since we have invested 50% of all earning into Steem we hope Steem is still going strong. We have produced an exit plan in the event we cannot continue due to financial or future legal constraints. In that plan, in a nut shell, We power down and divide among the members that participated according to that participation.
What happens if SteemThat.com grows too fast and runs out of tokens as there are on 10 million available or expansion is needed further?
We can take a community vote and discuss a hardfork with members where we create a new token if the majority of members approve.
@retiredinsamar I'm looking forward to hearing back from you if investing several million USD into Steem will help or hurt our relationship with Steemit? Thanks for the feedback.
A lengthy response like that tells me you have a lot vested in this project. I guess my entire issue is this - as an old-school blogger and a newcomer to crypto-based platforms, all this can be totally overwhelming. Take any newcomer who is NOT technology-minded... this all can be way to much to secure entry and loyalty, without a lengthy trip down into the rabbit hole. I made the journey onto the Steemit platform successfully only because I understood crypto's (basic) beforehand. To anyone without any knowledge of how this all works... well, it can be very intimidating.
You are 100% correct Steemit for beginners in blogging, social media, crypto currency has a learning curve so steep that its growth is slothish. It is a new space a new concept and things will be refined over time I'm sure. There are many many people that have used SteemThat.com and made friends , learned valuebale real information that has helped them grow. The new token might not be for them just yet. But for more experienced cryptocurrency folks it is a super smart move. It allows you to help others grow, help yourself grow, and be rewarded in the future also for helping both platforms. It is the first such website of its kind and time will tell. We are picking up some support now and if we can build up enough support the next time you post on steemit you will see it. The Steemish basically pays you to buy them. No matter how difficult it is people should want to ride that train. 😀
So in essence, Steemish token ownership has nothing to do with simply using Steemthat. I guess I am just a little slow in melding all this together. I'm still on my first cup of coffee for this new day also!
We will continue to encourage members to write articles on Steemthat.com that help new folks learn about Steemit.com. We built the Easy Steemit and will continue to add to it. Perhaps we need an Easy SteemThat.com now...😀
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