INCOME powerdown commencing - Wind down game
Its time for a reorganization - pivot, with creativity - adapt and survive - this is the way!
I half announced that I was thinking about this in a previous post, read that if you want a "full" backstory. It is the case that INCOME is my baby, and I believe that not only did we manage to create one of the best, most useful and most sustainable tokens on HIVE, I learned SO MUCH throughout the process of managing and tweaking it over 7 years. Pretty much its the side project that brought me and @thecrazygm together, gave me ideas to give to him "to do"; so this is significant for me on many levels.
500 day chart borked by outliers, as so many other token graphs are too; we are looking at options for this
What does the future hold?
Well, we are building on HIVE, exactly how that plays out - is anyone a future-knowing wizard out there? Me and my team are wizards, but none of us have learned that spell yet. So I can say - openly and honestly - I don't know!
I do know however, one of the best lessons I have ever learned, is that anytime things change - the game is afoot!
Well, let's not forget that HIVE takes 13 weeks to power down, so there will be some timing to this, and thus - it actually is a game in a very real sense. The last round in my game: there is a pool; and already some people noticing that divs have stopped have started using it. Its great with me! I am checking several times a day and buying it up towards 12-12.5 when I get a chance and as money becomes available.
Remember, curation still works!
While we don't produce a post each day, we are still curating our members, and the posts they selct - so if you are not one who is into moving fast with token-monies, just hold on and after I get back from Talent Land I will code up a script for you as well.
I own most of the tokens, and just like YIELD, we will get everybody out first, and then look to our own investments. Its just the way we roll - always protect the people who trusted in you first. We surely have made a great game out of this token - did you know I launched the fund at 1 HIVE price? @josephsavage was actually the first member.
I personally know many holders that got in between 5 and 8, and made divs and curation along the way. So, we have had fun. Its time to wind this game down, so we can play more, other different ones.
https://thecrazygm.com is that new game
You might not see the whole picture yet - I have no problem with that and feel no obligation to play with my cards on the table. Let's have fun, together; keep learning and mathing folks.
Waiting for the whole picture to unfold. keep up the great work. !BBH
I've got faith in you, your projects, and your empassioned vision, so I'm very interested indeed to see how this journey unfolds. Wizards gotta be wizards! 😁 🙏 💚 ✨ 🤙
loving this free peakd.com/ai model right now, forgot to add blue/green but in 10 minutes I can make another! Also - low key made this banner add for a partner site :)
Those are some sweet AI iterations. I still haven't tried the AI image generator on PeakD yet. There's a a free option? I didn't notice that. Perhaps I'll play around a little.
One quick question regarding the INCOME in my wallet, I'm curious what your thoughts are on how best to make use of it. Would swapping it for SWAP.HIVE via the pool be a good idea now, or would holding them longer perhaps be more useful? I'm not gong to lie, I'm sad to see INCOME end, because you did an exceptional job building it, and it was very useful, but change is constant, so I just just adapt, adjust, and keep flowing. 😁 🙏 💚 ✨ 🤙
If you are utilizing the daily curation benefits, and have low time preference, HOLD.
If you are not utilizing the daily curation and you have something else to do with the "money" RIGHT NOW - DUMP!
Be chunky with the pool, its smaller than it once was.
Its a game!
OK, I appreciate that. The daily curation is of course very helpful, but I also always have places that I could reallocate the assets. If I swap my 22.628 INCOME, the price impact would be over 28%, which is pretty wild...lol. On what cadence does ARMERO pay out? I 😁🙏💚✨🤙
swap 1 or two at a time, or list on the market at 12.3 or something for example.
ARMERO aims for 1/week (52 times/ 0.052 hive per year actually) as sometimes I miss and double up the next week. I haven't been perfect, but I think I have been pretty dang good with ARMERO - I have to make one manual move (sell a bit of sim and get the swap.hive into hive) to make it happen.
That's helpful, thank you again for taking the time to respond, it's greatly appreciated.
OK, I'm definitely considering ARMERO. I have to run a few numbers. Asset leveraging is certain a game, and one that I very much enjoy! 😁 🙏 💚 ✨ 🤙
my notebook is saying ~0.13 is super fair, maybe a bit undervalued but maybe I could do a nice bite at 0.125 since I could use the cash!
I appreciate that, thank you! As I slowly swap my INCOME to SWAP.HIVE, I'll have some to use for ARMERO. I'm also eyeing the 144 on the market for 0.1234 each. I want to be able to get ahold of a good chunk, so it may take me a little time to squeeze out sufficient liquidity. I still feel sad to let my INCOME go, in large part because I believe in you, and I want to help support you as much as I'm able. 😁 🙏 💚 ✨ 🤙
I just wanted to take a moment to thank you for your amazing dedication and effort on HIVE.
Your work always stands out and is a source of inspiration for many.
Thank you for all you do.
!INDEED
!ALIVE
Sad to see INCOME go, but excited for what comes next. Upward and onward. Excelsior!
!PIMP
The wizard in me says your next move will be precisely on time. !LOLZ
!LUV what you do on Hive and excited to see your next move.
!PIMP
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I'm going to miss INCOME, it was a great project! You're a true pioneer, and it's amazing you can look back on 7 years of growth. Winding down and starting new projects keeps things exciting. Good luck with your next adventure