RE: ECOBANK 2024 Round up

about 2 months ago

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ECOBANK is stagnant, and in the void of both liquidity and public response from holders major or minor, echoes disappointment with our inability to capitalize on this cycle of cheap HIVE through ECOBANK.

No regrets, it has been a pleasant hedge against 10c HIVE so far.

Fast forward a few months, BTC is 250k, Hive is testing double digits, idiots are buying and sharps are taking profits. What is the gameplan for the time when Hive regs start looking for a suitable place to park five or six digits for the next cycle? Are you ready to expand accordingly?

As for the liquidity issue, trading in stablecoin helps in times of extreme volatility like these days. Still, I do not think it is the principal longterm issue. Lack of attention and frequency of ABV updates are major challenges.

Legacy stock exchanges would trade illiquid assets in rare (monthly or even less frequent) sessions. How about mimicking the behaviour with a HPUD-like campaign?

Or go further and set up a monthly trading pool for price discovery. Everyone can send in some ECOBANK and some HIVE into a pool. They state their ECOBANK/HIVE price (encrypted). When the auction finds the price, participants either get funds back in ECOBANK or HIVE depending on everyone else's price demands.

Controversial (read: Fun) twists come to mind. You skip the trading session? No problem. No divs this month, though.

hive-186392

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3 comments

@ecoinstant 77

about 2 months ago (Edited)

Was really fishing for a response from you! Some golden ideas I will definitely circle back to.

I would be very interested in increasing the "frequency of ABV updates", if I can find a framework that doesn't seem forced or speculative. We have two properties, a legal structure and bank account, binance account and HIVE wallet. Many of these things are quite easy to measure.

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@ecoinstant 77

about 2 months ago (Edited)

Okay, let's fast forward in our minds.

First, it had occurred to me that this "model" does not require other people, not really. I have every expectation to six figure my way through this vehicle when these times come.

I still believe the other people are valuable. Its hard for me to express how valuable this comment at this time is to me.

Let's go to one million dollars and play with this new thing I learned called without losing generality.

The vehicle is road-legal and will deliver fresh capital into the environment, foreign direct investment which does not incur tariff nor penalty.

What should we do with it? I have heard a few ideas from members of the fund, I will work up a post in january with the ideas so far and solicit more feedback.

I have, over the last 3 years tried my hand with my own money at micro investing in small local projects. Recycling Center, Fungal Laboratory, 3 microloans to farmers, Tree Nursury (low altitude branch). Mini-eco"bank" style ideas. To a man the results were disappointing, probably leaving hard asset real estate heavily favored again this cycle. Of course I have a list of properties I am interested in.

Building infrastructure, like cabins, we are looking at ~$10k usd per unit. +/- is high depending on what cabin means in your language and preference, but this is the number I have kept coming up within 20% of.

Admin runway on a seven "cabin" set up is calculable. We'll have the budget to create a team of people dedicated to helping me manage these assets.

Eg Off the top of my head for Christmas I want:

3 man admin team total 4k/month x 12 = 48k usd
(property manager, executive assistant and go-fer)

7 cabin set up on our Lerida property: 70k usd
60ha property adjacent for sale (Ecological Corridor Expansion): 200k usd