Mabe the best investement on steem-engine

For a long time the HVOTE token has been smiled upon and it was considered, also by myself, as a kind of experiment. The idea behind it, is to tokenize a steem account (Hive account@happyvoter). The account value belongs to the holder of the HVOTE token. The main part of the proceeds of the account are invested in powering up, making the account more and more valuable.

Faster progress than with curation rewards alone

If you had bought 1 Hvote token in february 2019, when the project was created, you would have paid 0.525 Steem per token. Today, 10 months later, the value of 1 Hvote token is 0.6635 Steem! This represents an increase of 26.38% or something of 30% per annum. Which is much more than can be achieved with curation rewards alone. With delegations you can reach up to 18% p.a and with curation rewards something like 14% p.a. on the steem ecosystem.

Why does the value of the HVOTE token develop so fast?

• Curation rewards
  The development of the Hvote token is based on different pillars. First of all it follows the curation trail of Hive account@help.venezuela which supports quality authors from Venezuela. This gives a regular income in terms of curation rewards.
• Author rewards
  Writing one quality posts a week allows the account to generate some decent author rewards.
• Income from market spread
  The Hvote token can be purchased on steem-engine. There is however a spread (difference between buying and selling price). Thanks to this spread, each transaction that affects the Hvote token, brings additional money into the token.
• Hvote token holders can influence the value of the token directly
  When you hold Hvote tokens, you can influence the value of the token directly simply by upvoting the weekly post. In addition to getting interesting curation rewards, your upvote affects the author reward of the post, which in turns will increase the value of the token.

A limited supply to avoid market manipulation

There are only a limited number of tokens for sale every week. Every week around 4% new tokens are put on the market. This is to provide an organic growth of the value and also to avoid jumps in the price development. This is basically a mecanismes that should ensure that users cannot manipulate the market in an extreme way.

Every week some tokens are bought back

A part from the weekly income goes into a pot that buys the tokens back. This provides a certain liquidity that allows users also to sell their tokens if they need the coins in the short term.

Is there a danger that the token looses value?

Of course the token is linked directly to steem. If steem tanks, so does the token. But otherwise, the account can only increase in value. In addition, it is totally transparent how the account works. You just have to check https://steemd.com/@happyvoter to see what happens with the token.

What happens if the account is dissolved one day?

If this is the case, the account would be powered down and the steem that is liberated like that would be distributed to the token holders.

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