Change of plans towards idea of launching HOPE TOKEN

in Project HOPE2 years ago

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INTRODUCTION

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A few months ago, we all discussed the idea of launching our own HOPE token and pretty much all our community members were quite excited about the prospect of doing so. You can refresh your memory by checking out the 2 recent publications published on our profile:

HOPE TOKEN - important question: WHY and WHAT FOR? and also HOPE TOKEN: when can we expect it to be launched? (my personal TIMELINE)

It has been quite a while since that idea has been brainstormed with all our Project.hope community leaders and according to the timeline - we should already start moving towards this direction.

CHANGE OF PLANS

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After deeper consideration, and a few discussions between our PH founder (@crypto.piotr) and other community leaders - we have all come to the conclusion that current market conditions are not in our favour. Simply put: we all agree that it doesn't make much sense to launch our own token while the crypto market is going through challenging times and the price of STEEM is at such a low level (as little as 0,2 usd).

Launching our own token would cost a huge amount of time and energy and the result would most likely be disappointing. And for that particular reason, we decided to postpone the entire process and wait until the situation within the crypto space will settle down a bit.

OUR GOAL FOR UPCOMING MONTHS

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Currently our goals have slightly changed. Instead of launching HOPE token, @crypto.piotr together with @josevas217 and @lupafilotaxia will focus their efforts on attracting more delegations to project.hope. We acknowledge that our current voting power (just slightly above 100k SP) is simply not enough to support all authors publishing their work within the Project.hope community and we would like to change that.

So our focus will be quite simple: reaching 300-500k SP by the end of this year.

This would allow our community to thrive and also support new members - right now we don't have enough resources (SP) to do that and we're only focusing on those PH members who have been part of our community for quite a while.

Check out our delegation program

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We've published a separate post related to our delegation program. Consider checking it out (open in new tab) and resteem it - this way you will help to bring more traffic to this publication:
https://steemit.com/hive-175254/@ph-support/check-out-our-passive-income-delegation-program-run-by-project-hope

Confirm reading

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I would appreciate it if all of you would write a comment (at least a short confirmation that you've read this post). It will allow me to figure out which PH members did or did not have a chance to get familiar with change of our plans.

Yours, @crypto.piotr
Project.hope founder

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I confirm reading this post.

Good to know HP token launch idea is still on track, with current regulations in market i support the idea of waiting till things get a bit calm.

I confirm reading this post

Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead ❤️😊

i pledge to delegate 40k SP to P.H. in a few days. I hope this will inspire others to do the same. Keep up the good work.

I confirm the reading, it seems to me a very correct decision due to the situation in which the market is.

So long, have a great week.

A very wise decision to pause a project that needs the cryptomarket to recover, in the meantime I think the idea of reaching 500 thousand steempower is a good one.

Greetings and confirmed the reading of this post.

Confirmation of reading.

Greetings, I think it is an excellent idea to postpone the launch of the HOPE token, because as commented in this post, to do it at this time when the market is very uncertain is a big risk.

I confirm that I have read the post.

Certainly the market conditions are not the most ideal, so, postponing the launch of the HOPE token is a wise decision, better times will come for the cryptocurrency market of that I am sure.

Confirm reading

I confirm reading this post.

Nice plan to increase more delegation. With this we will be back on track.

greetings @project.hope
Confirm reading
No doubt that the timing is not right, you have to wait a 'little more, as the idea of the creation of the tokens hope is very good.

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