Valueplan The Numbers 2024 Part II : Decembers Payouts
In part 1 I went into the much juicier full years figures for 2024 . You can find that post link
here. But I never published the list from December which I will do in todays post. The fact that we are coming to the end of the year and Q4 is nearly at an end. Decembers payouts should not be too hectic to users. I finished Novembers funds allocated with @aksurevm89 so I will begin Decembers payouts after this payment with @eudemo even though the date states November 30th.
Valueplan accounts Funded in December 2024
| Rank | Account name | Project | Hive Funded | HBD funded | Total Dollar Value October |
|---|---|---|---|---|---|
| 1 | @joscar-sw | Hive Cup Venezuela | 0 | 6,110.00. | $6,110.00 |
| 2 | @king13wallet | King 13 Racing | 0 | 4,600.00 | $4,600.00 |
| 3 | @swc-oficial | Gym Street Workout | 0 | 4,490.00 | $4,490.00 |
| 4 | @qmwallet | Water Project LATAM | 0 | 3,780.00 | $3,780.00 |
| 5 | @spiritsurge | Valueplan Analytics | 0 | 3,400.00 | $3,400.00 |
| 6 | @victorwallet | Pedal Bike Racing / Gym Street Workout | 0 | 3,283.00 | $3,283.00 |
| 7 | @edmundochauran | Hive B2B Venezeula | 0 | 2,551.50 | $2,551.50 |
| 8 | @aksurevm89 | B2B Hive Sucre | 0 | 2,352.00 | $2,352.00 |
| 9 | @blackheart1 | Hackathons/ Conferences India | 0 | 1,862.50 | $1,862.50 |
| 10 | @yonnathang | Movilfest | 0 | 1,776.00 | $1,776.50 |
| 11 | @hivecreators | Multiple Hive Projects | 0 | 1,600.00 | $1,600.00 |
| 12 | @mcsamm | Community Wells | 0 | 854.00 | $854.00 |
| 13 | @eudemo | Philosophy Day academic event | 0 | 539.95 | $539.95 |
| 14 | @hiro-hive | ADFW B2B representation Abu Dhabu | 0 | 90.00 | $90.00 |
| Total Funded | December | 37,288.95 | 37,288.95 | ||
| $ Dollar Total No Hive This Month | $37,288.95 |
Refunds
| Date | User Account | Amount HBD |
|---|
There were no refunds in December.
Summary
There were 14 payouts in December which amounted to a total of 37,288.95 HBD. The largest outlay this December was the annual Hive Cup that took place in a Shopping Centre Venezuela. If we have look at the above table there @joscar-sw , @king13wallet , @victorwallet and the @swc-official all took part in the event. @joscar-sw has a post about the event which was can be found here. If we add up the total cost of the Hive Cup in December we are talking 11,140 HBD for this event.
I spoke about the constant need for @victorwallet to fix his bike back in November. He must be a really back cyclist. But here he is again in December with another bill. You never guess what it is for??
To fix his bike!!!!
This bike has to be the most unluckiest bike on the planet. This is not a motorbike by the way. This is a racing bike. We may as well throw up Victors wallet explanations for the year to see how many repairs there really is on this famous bike of his. Project managers. I do not normally call you out on these posts but come on now, seriously!!!! Tadej Pogačar (multiple Tour De France Winner) from UAE Team Emirate wouldn't have these repair costs. 🤣 🤣. The cost of these repairs could afford a local sponsor slot with a Hive logo on Tour De France riders jersey. 🤣 🤣. Just buy Victor a new bike every year and leave it at that. It would be less expensive!! Just to give you some context. In 2002 US Postal (major bike racing outfit with Lance Armstrong) spent only $16,000 on bike equipment.
I see the motorbike and the pedal bike crossed paths in the Hive Cup which is nice to see as both bikes were on show in the Shopping Centre. Apart from this
B2B
B2B seems to be the buzz word at the moment and some Hive users in South America are signing businesses up in order to accept HBD or Hive in their stores or businesses. Hive Sucre is involved in this as well as @edmundochauran who received 2551.50 this month. My question is do we know if these businesses have a record of who paid in Hive. It would be interested to see if it is worth all the effort. All we know with the likes of Bitcoin , businesses accept this token without the need for a pitch. Are we wasting our time and money here? I don't know. I am just asking the question. It is not something I have looked into yet. All I know is if some guy came into my business and started talking to me about accepting crypto , I would think they are cowboys as long as it doesn't cost me anything they can give me all the merch they want as long as I could get rid of them. Maybe it is different in countries that are on the poverty line as their own currency is not that stable.
So that concludes Decembers Valueplan post. That is it for the year. Cheers.
That bike is a nice little earner!
This place looks so much like a legit corrupt government 😂
I thought that what what we are trying to get away from
that's what I though all of crypto was. But now we are nearly fully embedded into the system it was built to replace lol
I think this is what happened last time so they were forced had to regulate the banks. 🤣
I think it definitely is different, but that still doesn't make it okay. These people are scrapping for every penny just to exist in many cases. That's something I need to remind myself sometimes. Still though, this bike thing is an absolute joke!
@victorwallet, I have a few questions regarding the bike(s) you bought with the monies from the dhf.
What bike(s) did you buy with the money from the dhf that is being used for hive promotion?
What terrains are you using during your usage of said bike(s) for your training?
Which repair shop are you going to for repairs?
Which store are you buying parts from?
How often do you need repairs?
Which parts are breaking too often?
How often do you ride on the funded bike(s)?
What country are you located at?
I did some research to find out what the average pro biker spends annually on repairs and here is what I found out.
Wear and tear depends on how it is being used and in what environmental conditions it's being used in. So giving a worse case scenario, let's say the bike in question is being ridden in harsh conditions such as wet or rainy days on the road or on mountain trails.
I wouldn't be using the most expensive tires to burn rubber for training, so if that is your logic as well I am going to guess that we are probably looking at between 50 to 100USD PER tire.
Not including the tube inside which can be punctured but still reusable usually when patched up which is less costly. Last time I remember each tube can cost from 20 to 50usd depending on brand etc.
Cleets, I've the pedals that give you traction under your feet to gain serious speeds, can range from 10 to 20USD per cleats like Shimano SPD which is a great performance brand imo.
Chains depending on its use can last you up to 1k to 3k miles before giving way. I SAID MILES. Not usd. Let's not get the numbers confused. However if it's being used in rainy weather or in very dirty terrains such as in a mountain,the. I would expect that to wear much faster so about 400 to 1k miles before it breaks.
A decent chain will cost about 40 to 50 at most. Though the .last expensive one I ever bought personally was about 30usd and I still have it.
Although I am not a professional bike user I still ride almost daily on flat roads and have learned a decent amount of knowledge regarding bike usage.
These chains, if not calibrated right can wear down other mechanisms within tied to the chain such as cassette and chainrings. Which btw is not that expensive as one might think. I personally have a cheap bike and I am satisfied with it as it gets me from A to B and have yet to replace any of that as it still operates remarkably swell. So beats me how much that costs from memory. I buy my own replacements from across the street from a neighbor with his own bike parts shop.
Cables and housing, you would want to replace these together. Trouble braking? It's probably because these are shocked and need to be changed. Especially much faster rate if your going downhill often down a steep terrain and turning sharp corners. But it's under my suspicion that @victorwallet is not going down mountains but riding on pavement. I could be wrong. Either way, the cable and housing could range from 15 to 30usd for replacement parts and each set should last you a a whole year unless your riding your bike in the ocean.
Are we using hydraulic disc brakes or caliper brakes? If your on the paved roads the latter would be best because it's easier and quicker to replace especially in a race. Something to keep in mind. But hey you're the expert right? I'm just an average Joe doing research on the internet. Not to mention brake pads which is another component that can be replaced independently if the calipers are still functional. I would say once per year unless your riding those breaks downhill all the time. You do let go of the breaks when you push the pedals right?
Pad brakes costs will depend on whether your using hydrologic or the calipers but it shouldn't be more than 40 at the most. That to me is expensive and if that is what your spending it's time to find another merchant who won't rip you off.
All in all the average bike repair annually is at about 400usd at the most for a city bike.
The average cost for a road bike can range from 1k to 4k. As pro bikes can go up to 15kusd. Yikes.
But don't just take my word for it, here is an article saying the similar.
Source
What else are we missing?
I'm sure plenty parts such as gears could be considered but I would give that about 200 at the very most for top of the gear but don't think they get damaged often unless your the worst or unluckiest biker rider in the world as @blanchy put it.
Suspensions can be a bit expensive but don't be thinking thousands here. Though it may happen. @victorwallet do you have the world most expensive bike?
A road bike, under normal use and conditions, including the above mentioned parts, absent suspension would go about 200USD per year and for mountain bikes about 600usd.
But your asking for what again? $3,283.00!?
For fuck sakes man. If the bike is being a chick magnet and your paying for their expenses which I doubt, you need a new hobby because the hive community is not going to want to pay for your sex addiction.
Anyways, long story short, 3k for bike repairs? No way in hell are you spending 3k on bike repairs. What else are you using the funds for?
"That's all I got to say about that." - Forest Gump
Wow Great Comment. Great insight as well. Thank you!
Thank you it's my pleasure.
I mean $3,283.00 is very specific number. Why not flat even 3,300? Or 3k or 3.2k?
https://volatacycles.com/bicycle-repair-prices/
There is something here. Go for it. All the txs are on blockchain.
Unbelievable!
Damn, with the money Victor gets to fix his bike, it might even be tempting for me to start racing a bike, if Valueplan would support me with that same amount. And I can tell you that I hate bikes with all my heart. But hey, apparently you don't have to justify yourself and pictures of your races aren't necessary either... so
😂😂😂. Or just build a borehole somewhere and get the funding . In fairness to Victor . He has a few posts in his main account. Not of him crashing however . It even looks like he’s doing well. You wouldn’t think it from the bike repair costs
Building a borehole? It will certainly be less tiring than jumping on a racing bike! For the borehole I can simply hire a few companies ... which are also not cheap because I live in the Netherlands. Maybe I can also start a beekeeping company under the Hive logo, and sell the honey? With the proceeds of the honey, Hive can be bought again. However, I do need staff because I am always terrified of all those stinging creatures. But with DHF funding that is not a problem ... Wow, ideas are released ...
Which country is Victor from because those professional design services are pretty expensive. Perhaps he needs some better connection to keep the cost as low as possible but why being efficient, right?
Where are all these guys from @macchiata . It begins with V and ends in A. Solution , Annual subscription to Canva, a colour printer and ink.
See blanchy, I organized this offline thingy and has hive stuff name in it too. I got myself a canva subscription, weekly and it's for $2 then.. if I need a professional graphic work, connection helps😂 and sometimes you can slash the price half.
Brains as well as beauty!! whats the business going to be called.