Why I LOVE SMARTCASH 💛 Powering Down My Steem For SMART?

in #smartcash7 years ago (edited)

1. SmartCash is a really exciting project with loads of potential! Check out this video by @crypt0 for his thoughts on SmartCash and why he believes it has Top 10 potential.

2. You get rewarded just for holding your coins for at least 30 days - every 30 days!


SmartRewards is my favourite feature of SmartCash... which means that each month 15% of the Block Reward gets paid out to addresses that have at least 1000 SMART, as long as they have held those coins from the 25th of the month before, without any withdrawals from that address. I love love love SmartRewards!
There is a SmartRewards calculator on https://smartcash.cc to allow you to see how much SmartRewards you will be expecting... here is what it would look like for someone holding a small amount such as 1000 SMART


With a 24.96% SmartRewards payout on eligible addresses, there will be lots of happy SmartCash users this month!

3. Inclusive governance system where all SmartCash users can have a say in the future of the coin!

Anyone can submit a proposal for a cool project for the SmartCash community.


and then any SmartCash user has the power to vote on proposals to approve their funding! 70% of the Block Reward each month goes towards the Community Treasury for community projects and goals

4. This means we see really awesome SmartCash community projects, like the Food Distribution in Venezuela


Check out this post from @SmartCash to see more about what the SmartCash team on the ground in Venezuela have been doing to spread the SmartCash message, give back to the community and try to help provide education for Venezuelan's about the advantages of using cryptocurrency in an economy that is searching for a viable currency due to hyperinflation.

There are so many reasons to love SmartCash and now is a great time to jump on board... so much so that after months of Powering Up my Steem I have started Powering Down in order to convert some of my Steem into SmartCash..

What do you love about SmartCash?

I love hearing what other people think of the coin! I've been enjoying watching @lukestoke's smartcash experience unfold... it's awesome to see so many people excited about it!


https://steemit.com/smartcash/@lukestokes/my-smartcash-story

https://steemit.com/smartcash/@lukestokes/i-bought-some-more-smartcash

Let me know what you think in the comments down below!

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quite early days for it, certainly looks enticing. I can't help feel a bit reluctant about those smart rewards, where is the value coming from, mining, did I get that right ?
as in, instead of paying the miners most of the reward comes to the smartcash holders

Miners get 5% of the Block Reward and 15% goes to SmartRewards... but miners hold the coins as well so they benefit from both :) Plus it acts as a price stabilisation mechanism, so it's pretty cool!

Σ$$$ Tipped @garudi Σ20 SMART! Comment @smartbot help to claim. Currently the price of SmartCash in the market is $0.117 USD per SMART. Current value of the tip is $2.34 USD. To find out more about SmartCash, please visit https://smartcash.cc.

More and more people are posting about smart cash, suppose that is a good thing :-) I have a little, waiting to see if it pulls back after the recent rip. Hoping steem rallies a little in the meantime.

Σ$$$ Tipped @scaredycatguide Σ20 SMART! Comment @smartbot help to claim. Currently the price of SmartCash in the market is $0.117 USD per SMART. Current value of the tip is $2.34 USD. To find out more about SmartCash, please visit https://smartcash.cc.

You can use the following commands:

  • balance - displays your current wallet balance
  • address- displays your deposit address
  • withdraw <address> - withdraws your whole wallet balance to specified address
  • tip <nick> <amount> - sends the specified amount of smartcash to nickname
  • terms - displays terms and conditions for using @smartbot

Your deposit address is SQaMBGzFKkBqU5PMceJigz36uBhpu95tUV.

@smartbot withdraw SQaMBGzFKkBqU5PMceJigz36uBhpu95tUV

Good information. I love the updates you and Luke have been making to inform us on smart cash. I really don't have much steem though, so I can't get any smart cash :/. Best of luck to all those who get in early!

thanks @gniksivart, I tipped you a little SMART to get you started :)

Thanks for the tip and thanks for the screen shot kn your post. Dont know if its from your post or something else, but giving you the credit for being up 10 followers today.

haha aww thank you :)

Σ$$$ Tipped @gniksivart Σ149 SMART! Comment @smartbot help to claim. Currently the price of SmartCash in the market is $0.117 USD per SMART. Current value of the tip is $17.43 USD. To find out more about SmartCash, please visit https://smartcash.cc.

Whoop whoop! I'm powering down too...
I hope we get a pump in STEEM and a dump in SMART so I'll sell my STEEM and buy SMART! :P

Hahaha yes!

Calling @originalworks :)
img credz: pixabay.com
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The @OriginalWorks bot has determined this post by @hannahlicious to be original material and upvoted(2%) it!

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@hannahlicious has Σ50 SMART (unconfirmed: Σ0 SMART).

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