Exploring, Pay It Forward.

in #steem5 years ago

The Hive

Howdy folks'.

There's one thing that is true in all of this. In doing for others, you feel good yourself. What if we could exploit this and make Pay It Forward a company, that does just that. Keeps paying it forward.

Can we build something that will pay it forward for generations to come. Can we do it all from here on Steemit and the Steem chain. More than can we do it, Can we even get enough support to try? Or can we justify doing nothing just because of the size. If the Egyptians or their predecessor took that attitude we would not have the pyramids.

The finer details of this project can be broken down over discussion. The figures used are a basic set and alternative amounts are worked with the same basic ratios. Higher amounts do have the advantage of initial growth strength and reduce the reliance on any external support to this project.

It is an alternative way to look at doing business I can only imagine, well not really. I can't imagine why you would not see the benefits here.
In most part I fail to see how you could lose.

When I speak of investors. I am talking about you, the Steemian here now the one who reads and posts on the chain.
When I use Steemit in this post. This is meant to include anything that works on the Steem chain with regards to posting publishing or blogging. I think the games come under a different umbrella so I am not really including them here. I can see why other might. Again let's refrain from going the extreme, Yes some posts are made abut games.

bar 1 rainbow.jpg

What are the main goals we should have for Steem vs SBD vs Steemit vs the Member vs Business.

One approach does not suit all contenders for benefit. All should have an equal opportunity. The order in which we place our focus is one of the biggest things that hold us back from progressing.

Steem.
Trade-able asset or token. Which can be exchanged on markets. A token which can grow in value to exceed X factor of original value.

SBD.
A pegged token which would trade against the USD at a rate of 1 dollar for 1 dollar preferably constantly.

Steemit
An entry point to the Steem chain. Used by publishing community's artists and information sharers, along with a wide range of other genres and topics.

Members
Those who presently use the Steem chain through the Steemit entry port or other front end..

Business
Gain assurance of the pegged value of SBD as a currency for exchange. Steem is still needed for this assurance.

Investor
An investor gains from the value increase to each Steem it holds. This making investment through a delegation opportunity. There is no risk to your personal asset A great chance of increasing it with compound.

bar 1 rainbow.jpg

What if that investor was the Steem Chain. Not Steem Inc or Steemit, Not any of the front ends or games.

What if we can do this and offer you various kinds of rewards. Multiple rewards for the same investment? Plus the assurance of the SBD peg holding.

All investment value of SBD would be calculated at the time of business investment. Not the time of investment. All investment would be tied up until the 1st tier level was reached and investment begins.

Delegation investments benefit depending on amount and term. Remuneration for these investments are almost as appetising as those for SBD.
A mixture of investment Both SBD and Steem would be ideal.

Decent investment over both would be $500,000 and the 10 X powered up in Steem. Working with less alters the growth curve.

I really believe we can have people peg their token to Steem or SBD instead of Bitcoin.

hmmm.png

In all of this great riches we can create. In the strength we can give to the Steem economy and other systems. Let us not forget those who are here now. who are the ones making the chain a success at this moment. (maybe not the one we would like, (but working on it).

Alternative rewards for members of the chain who post or blog, play games or other. The gaming side of things I can see developing very well if some aspects are utilised. X Box, Sony all those game consoles on the chain. This can happen so easy too.
Maybe we can build to present our own console that plays all the games played on the chain.

Publishing ability in paperback or hardback editions of Steem compilations can be produced. Giving extra incentive for new and up coming authors to use the Steem chain, or at least make use of it.

Steem Publishing. Record discs tapes novels documentaries science music available through a service we provide the support to begin with. A big enough stake for this needs more than just Steem. We should concentrate our efforts on the more for a while.

Anything we think we could do on the chain is possible. We need to build other things 1st though. We need to build some structural support for the chain itself. We need this to support the chain for us and its future.

We can do anything if we build the right support to the chain first.
I have some great idea's I am sure many would get behind if the initial structure was there to provide the beginnings. Sharing these projects I fear too much they will be taken and used for a personal growth and the community of Steem and the Eco system would lose out.

Can we build that stake between us all? So we can ensure a value for our Steem in later days. Something were you have a say. Even if you were not an initial investor but joined the Steem chain much later. (Say is only limited to our evolving projects. Limited to the conditions on which the group designed itself.)

breaker.png

Steem Inc has it's own goals. Just like all of us they are entitled to pursue their own ambitions on the chain. For Steemit and the Steem chain we are allowed some say. We can design the goals we have for Steem and Steemit.

The big thing here missed by most, Is, even if not always perceived as welcomed your opinion point of view idea or other is always wanted, Someone will make use of the information you share. (eventually).

We do not need a big investment to come and boost us (yet). We need to build something big that others want to be around. Your idea's shared is what those with the finance will develop, if they provide enough reward.

We do not need to show ambition to be listed on an exchange to make use have a greater value, to get Steem to moon. We need to have them want us there because of the demand for Steem or SBD on the exchange. Our goal should not be to impress them. More to have them want us to be impressed by their exchange.

Anything else is setting your sights too low

stars.png

The one difficulty I have with this project is the future governance or over sight of the project. How to ensure this does not fall to a self serving entity outside of the chain itself.

Along with being decentralised. It would also have to be everywhere. This all starts with a one somewhere. The use of SMT's for this will provide the route for this to happen effectively.

This is the current statistics on Steem. I am not a market trader, I have listened when people talked though.

Screenshot_69.jpg

There is a total of just under $56 Million Steem on the market and $270 Thousand has been traded over the last day. or 24 hour period.
There is a total circulating supply of 344.5 Million Steem. This does not take into account the Steem that is powered up or held in Steem wallet. My understanding is that is the amount that is on the exchanges. (Someone correct me there if I am wrong.)

The value of Steem as a trade-able token is determined by the amount of purchases against the amount of sellers. Increasing the amount or demand for Steem will have a positive effect on the value of Steem. Too much demand and it could start an avalanche on SBD. The more that is held on the exchanges or market and not powered up creates a lake bed.

(Out of the blue, Is there any coder or script writer out there that might be able to create a white-list of people who can vote to a post on Steemit?)

This project is intended to bring a constant flow into the lake.

I want to have a ISBDO. Initial Steem Backed Dollar Offering. Two things I need from you. Your trust and your Steem. I am sure there is a way we could work with Steem Inc to have them hold the Steem if it is a capital investment until an agreed pre-set term of release to agreed parties.

star 1.png

Our needs.
People. Most Important, we need people. Essential. (10 people. min)
Delegation. Priority.
Capital Investment. Secondary.

With the first of these we can begin to reduce the need for the second. The less Capital investment we need the greater the initial growth we can gain. While a Capital investment provides an instant beginning. It is not essential to the success of this project. People and delegation are.

The term for this delegation would be 6 - 8 years. At the end of this time the project will be self sustaining and returning to the Steem chain a demand for more Steem. It does offer rewards for the delegation.

You should be on to your Witness list right now and sending them a message to support this project, We want to take Steem to over $50 in 8 years or less, $50 might be a bit small, but it shows the idea clearly enough.

The amount we want to reach does not have a top. We would like to reach 6.5M Steem powered up interdependently.

Working off the same ratio of 5M Steem The Foundation gained. A similar amount to this project could be a perfect match. Additional Steem up to or exceeding 1M This is a provision to provide those here now with an opportunity to gain from future benefits. It provides an opportunity for small/new accounts to gain from investing through delegation. (Delegation Pools no longer used for the purchased voting systems could be ideally relocated here to this project.)

Our Initial Goal is to reach $200,000 USD generated. This amount will then be released and used in the physical world. All of the Steem delegated to the project still remains in place. Each $200,000 USD will be deemed as a unit and can be monitored accordingly.

Each additional unit will reduce the dividend return to an investor by 1% for the first 5 units and then 0.5% for the next 20 units. Those already invested that have received their first dividend will gain a % of any additional units conceived from the chain began. A Chain is expected to run 4 generations. (There is a god chance you could will this to your children r grandchildren.)

Finer details to additional incentive for Early Bird Investors along with other methods are there to be exploited by those who wish to do so.

I would like all investment to be done with SBD and delegation with Steem. Those wishing to invest with an alt coin would need to convert to SBD first or power up Steem for a delegation. This could happen if some of you Big guys out there get involved in this project. That alone could be worth your while for the value your assets would gain. As soon as that first $200,000 is reached a demand for Steem/SBD begins and a brand new avenue for it to be used.

This on-boarding method open the door to new community members with a high possibility of retention. It will provide a solid foundation for the new comer to be the promoter of the Steem chain. Spreading the word about the chain the platforms games and other aspects of the chain and currency in new terms to people they know.

We will provide people with SBD/Steem and function at the same time. The experience will be seamless to the things they do in daily life now. The introduction of a secure wallet App by Steem Inc might be a cool idea. Something for a few month down the road.

When people feel they know something others do not, they always want to share it. What good is a secret if no one knows you have it? During the project the asset grows along with the support it is giving back to the community. This return to the community is provided through specific accounts that will work along side each other.

Each account will be allocated a role. The majority will be community support. Providing support to through voting and or delegation to selected agreed projects. One account will be to facilitate the future ability to pay those who assist in the project with a wage. Three accounts will be allocated to the growth of industry.

This will not all happen over night, Initially all accounts will support the main account through a return of any liquid Steem the account makes. All accounts will still grow during this development phase and begin to support projects on the chain or on the Steemit platforms.

We can do this and provide the stability that chain needs. We can do this and grow the value of the tokens we hold. We can do this and begin to better the lives of many people in many ways, Some of those ways we have not foreseen yet any of us.

We can do this ONLY! if we begin.

Delegations can be sent for:
Investment. Providing a dividend return. (SBD)
General support. Delegated without dividend return.
Assets. Growing the value of the asset you hold. Unsure of the difference between these and a standard investment. Maybe it varies to each Nation. (advise needed here)
Charity Investment When a charity is selected to receive any benefits the investment gains.
Pension plan This possibility also exists. Do consult with your tax adviser first. Tax relief for investing in your Steem, that would be great. Steem becomes a tax haven lol.

Make a Diff banner.jpg

Hive Discord Server: https://discord.gg/dJHzSvc

The Hive projects:
Providing the lottery ticket for the Euro Millions Lottery.
Participation in this fun weekly draw can be done by subscription to the @yeswecan account.

Vote support initiative.
Assisted growth provided through the @Acta account.
Subscription to this project is limited placements, The majority of these have been taken now. Always room to squeeze in one more?

To participate in either or both of these promotions.
Contact: @thehive on Steem or discord through The Hive Discord Server

hive TY.gif

All the Hive Logo's and Banners graphics are provided
by
@Charisma777

Referral link:
https://brosgn.net?ref=141 I will be playing poker here from time to time.
https://initiativeq.com/invite/r4rbicu7m
https://www.mannabase.com/?ref=e7ee2ff1bd
https://wirexapp.com/r/e3a0654c206c4a15a8aabf8ad1919560

Sort:  

To listen to the audio version of this article click on the play image.

Brought to you by @tts. If you find it useful please consider upvoting this reply.

This post is supported by @tipU upvote funded by @acta :)
@tipU voting service: instant, profitable upvotes + profit sharing tokens | For investors.

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 62676.37
ETH 2581.43
USDT 1.00
SBD 2.72