Quick Recap
We sold out of our pre-sale in 5 days. We're just a few short days past that into the second tranche. We started with 20,000 tokens in first tranche. Those are sold. The second tranche is 30,000 tokens listed for 1.25 Swap.Hive each that you can now find for sale below:
https://tribaldex.com/trade/DRIP
https://hive-engine.com/trade/DRIP
Staking Rewards
This is what a lot of you have been interested in. We initially planned on 30 days from launch to start staking rewards. We are firm believers in under-promising and over-delivering. Well we enabled staking yesterday (the ability), we have code that was also finished up and we plan to deploy it sometime this week. So you better get your coins staked! Now let's talk numbers! You'll receive exactly .25% of your staked DRIP tokens rewarded daily in liquid DRIP coins. If you do the math that's (1.0025)^365 = 2.49. So whatever you stake you will have approximately 2.49 X that amount if you restake the rewards each day. That's a nearly 150% APY on Coins received.
What does this mean for price? We can't predict the price but if you check our whitepaper we've set up the initial 1,000,000 tokens into tranches with each tranche increases in price. This should help put a floor on the price of the token. Obviously anything can happen but I think we'll all be kicking ourselves in a year for not picking up tokens in these first two tranches.
What is Hive DRIP coin?
DRIP is a crypto-coin on the HIVE blockchain that invests into GameFI projects, basically projects that combine gaming with blockchain technology. We believe this will be one of the top growth areas in all of crypto over the next 5-10 years.
Investment Thesis
DRIP pays daily rewards in the native token on hive-engine and plans to increase payouts on a monthly basis. We prioritize smart, systematic, high-growth opportunities bringing the rewards back to token holders.
Tokenomics
We are selling tokens in tranches/batches and each tranche increases in price. Tranche 1/Pre-sale was 20,000 tokens and lasted only 5 days. Tranche 2 is only 30,000 tokens at a price of 1.25 swap.hive. Please see the Whitepaper for full details.
Purchase Tokens
Tokens can be bought directly from hive-engine https://tribaldex.com/trade/DRIP or https://hive-engine.com
Latest Posts
Follow along for all the latest posts on PeakD here: @hivedrip
Offical Links
Official Website: https://hivedrip.com/
Whitepaper: https://hivedrip.com/index.php/whitepaper-drip/
PeakD: @hivedrip
Buy DRIP coins: https://tribaldex.com/trade/DRIP
Discord Link: https://discord.gg/3yvn2cqk