Where do PLATFORMS come from?

in #platforms6 years ago

Platforms will issue a maximum of 10,000 PLATFORMS each month.

Our goal is to dedicate 5,000 PLATFORMS per month for giveaways, pay leadership 400 PLATFORMS each per month, and pay discord moderators 200 PLATFORMS each per month. At the current amount of leaders and moderators, we will be issuing 7,200 PLATFORMS a month.

Because the platforms bitshares account currently holds more than 50,000 PLATFORMS, we won't be issuing any more platforms for the next 5 months.

If @platforms needs to raise funds, we will sell the unissued platforms of the month. For example, if we needs to raise funds, to calculate how many can be sold we use this formula: 10,000 - (TOTAL PLATFORMS ISSUED IN THE MONTH) = Amount to be sold.

If Platforms has need for more than 10,000 tokens in the month, additional tokens will be purchased on the market. Existing sell orders will have priority and be filled first. If there are no existing sell orders, a higher buy offer will be submitted.

What is Platforms?

Platforms is a team to help you build your community. We curate and build a community while project owners focus on their platform.

How does Platforms pay PLATFORMS token holders?

40% of project earnings and 10% of post earnings are distributed to PLATFORMS holders as STEEM.

How can I buy PLATFORMS tokens?

PLATFORMS are a user issued asset on the bitshares dex. They can be found here: https://wallet.bitshares.org/#/market/PLATFORMS_BTS.

How do I verify my account to get my STEEM for holding PLATFROMS?

Follow the step by step guide as shown in: https://steemit.com/platforms/@platforms/be-sure-to-verify-your-bitshares-account-to-get-paid.

Thanks to @thatsweeneyguy for the custom line break.

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Nice update here.
Just to clarify though..when you say you're not issuing anymore for the next 5 months do you mean you're not selling...(unless you need to raise funds).

Platforms1 on bitshares currently holds 58,000 PLATFORMS on bitshares. Each month, we will release up to 10,000 PLATFORMS from that balance instead of issuing more PLATFORMS. This prevents the supply from going up too rapidly. The current supply is at 223,000 PLATFORMS and will remain there for the next 5 months, even though more PLATFORMS will be held by users instead of the account.

Ok. U mean you're not creating anymore?

Yes, for the next 5 months, no more new PLATFORMS will be created.

Ok. Got it. My question is now how are they created. But we can talk more on the discord about that.

Roadmapping! Sweet. With the momentum gaining having a plan like this makes sense. It limits market vulnerability substantially. Thanks for the update guys. Also great job starting up the curation trail on steemauto that will make a significant impact down the road I’m sure. Also anybody not on the platforms discord jump in, see what this is all about! These steemians got a plan here. @jglake and @rishi556 hold giveaways too! Start building those platforms. Much love @platforms great work. Dedicated fan/hodler rh. Dont believe me? Check my bitshares ;) DizzyJay27

Hi @platforms
Excellent article. I subscribed to your blog. I will follow your news.
I will be grateful if you subscribe to my blog @user2627
Good luck to you!

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