RE: Hive Power Up Day | Monday 1 August 2022 - investing in ListNerds
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That's a beautiful picture!
Thanks for sharing your three-year HP goal. EDS, EDSM, and EDSMM are new tokens for me. Thanks also for sharing your thoughts about ListNerds.
!CTP
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Glad you found out about EDS - that's one of my favourite tokens!
Is there a white paper or an article that explains more about the mechanics of the token?
There is a report every Monday on the @eddie-earner account which explains the model and progress to date. This is the latest one.
Essentially, the token, EDS, and its miners, EDSM and EDSMM, are sold for HIVE. All the HIVE is powered up, together with any HIVE from content creation, airdrops etc, and leased out. The income earned from leasing forms the basis of the income that is paid out to EDS token holders.
It is a very simple model that doesn't overpromise and which has a low cost of entry (1 HIVE). You can buy EDS directly from the market, too, they are pegged to 1 HIVE.
Thanks for the very useful info. I !love it 😄
!CTP
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I know, right. Seeing three year goals really got me thinking about where I was going with my goals.
A mid-term goal is far better than a short-term goal in terms of having a broader perspective. Of course, for motivation purposes resulting from a sense of satisfaction coming from accomplishing something, setting up short-term goals is helpful too.
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I've had the 100k HP goal for a while now. I needed to put a date on it.