[Introduce] What is 'FUND' token on Steem Engine?

in #kr-fund6 years ago (edited)

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Hello, I am @jack8831, the issuer of the FUND token on the Steem Engine and the manager of the 'US$4 fund' based on the FUND token. I will be introducing the FUND token to Steemit users over the next few posts. You will receive a lot of information about 'US$4 fund' as well as FUND token in future articles.

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First of all, I think I should explain many Korean users who make up KR community. This is because those KR users have been doing many innovative activities in Steemit. This attitude of KR users is very important because it confirms various possibilities in Steemit, isn't it?

I would like you to notice that KR community is now making another enterprising attempt, which to create token-economy based on Steem Engine. Of course, issuing FUND token is also one of such activities. Ultimately, the FUND token is intended to open up a revenue opportunity for investors participating in the 'US$4 fund' functioning at the same time as enabling the token economy based on Steem Engine through issuing and distribucing.


Recently several witnesses have begun to provide very useful services to the Steem Blockchain. Those are absolutely Steem Engine, Steempeak, and Steem Keycahin. I pay my respects to the witnesses who provided these useful services through this articel. Anyway, I was fortunate enough to easily issue the FUND token in this nice environment!

So what is the FUND token? What is it about? What is it for? To answer this question, we must remind ourselves of the advantages and disadvantages of conventional Steem and SteemPower. As you know, Steem coin has free liquidity, but produces nothing from an investment perspective. SteemPower, on the other hand, is a great help to increase your investment assets, but it has no liquidity and makes it difficult to reclaim the invested money.

A few days ago, a Korean user provided an idea to solve this problem. This idea was never difficult, but it was also not easy to implement until the Steem Engine was built that could issue tokens easily. The very token issued by the Steem Engine is STEEMSC(STEEM stable coin)! Of course, you will be able to see the STEEMCS token in the token list provided by Steem Engine. It is a very well-designed token and has been growing with the attention of many Korean users since it was issued.

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In the next article, I will explain what the STEEMSC token does and how it can have a positive impact on the FUND token. Please look forward to the next article.

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