A new token is entering the Hive economy.
This page is excited to announce a new token that will support small players of . Content Creator
manages
accounts as part of his business programming. Wanting to utilize his funding for a greater purpose and interacting with the community, he decided to create a token. The OST (One Strong Token) is a 1 for 1 SIM Swap token issued by
and the
DCity Collective. With this token, he hopes to create an increase in promotion for
and allow for new opportunities for interaction with fellow Hivians.
Buy OST on Hive-Engine Dex
| OST - One Strong Token |
|---|
| Can be bought and sold on Hive-Engine Dex |
| Can be transferred to |
📘 Token Lore
city is a revived city project managed by
in the
DCity Collective. The city's activation plan is to assist with the distribution of grants designed by the mayor.
"Growth grants" are a program designed to award underperforming and growing towns in with funding. The National Tax Rate set by the Presidents has been brutal on the player base and SIM availability. Mayor
is designing this token program to stimulate the economies of DCity and to provide associated programming from the collective. The hope is to retain more players and get more people excited by the possibilities leading into the 3rd Edition.
💰 Supply - 100,000 OST
The account has issued a total supply of 100,000 OST for the
DCity Collective programming. 20,000 OST are in current circulation, so 20,000 SIM are available to be awarded from the
account.
👜 How can I get OST?
- 📝 Participate in Grant Funding Applications
grant winners receive OST tokens. This OST program allows for the following token exchange, 1 OST for 1 SIM.
- For example, the
account receives approval for his portion of the 10,000 SIM grant. So 1,000 OST are promised to
and can be transferred back to
at any time for 1,000 SIM.
is free to trade the OST granted on the Hive-Engine Dex for SWAP.HIVE from OST investors.
- 🤝 Interact with
and
posts
posts will update through blog posts what is happening with the collective and the token performance.
- For example,
will post updates on the performance of the token. There will be a Daily Question of the Day where people can earn more OST for participating. Outside of grants, this the only other way to receive OST without purchasing directly from Hive-Engine
- 🤑 Purchase the token on Hive-Engine
The token can be purchased directly on the Hive-Engine Dex. The price of the OST token will move with demand. Investing in the OST token helps in the longevity of the program.
- The
account is issuing tokens beginning on 2/20/2021 at just about 0.0025 on 2/20/2021. This is just about an even exchange for the current rate of SIM. However, the price will adjust if people are buying and selling NFT further.
⏲ Current Timeline
⏺ Sunday 2/21/2021 - Beginning of Token Performance Reporting
The account will report on the performance of the token daily. The income from these reports will help to purchase more SIM tokens to back the OST. The more Hive and HBD earned, the more SIM that can be purchased. The more SIM purchased for grants to be awarded.
⏺ Sunday 2/28/2021 - Third
grant posting - First OST Award Details
The third grant will be posted on the account on this date. This will be the first time that OST will be given for the award instead of SIM directly.
⏺ Sunday 3/7/2021 - First OST Award given
10 potential Applicants will receive the first 10,000 OST in open circulation. They can send the OST to to receive their promised SIM income. Or they can list the tokens on the Exchange for SWAP.HIVE if there is a demand.
Thank you for reading!
If you have any questions please comment down below! Or you can always reach out to the city Head of State
through BeeChat or Discord!