This post is about the #mathematics of #hive-engine tokens.
I am growing tired of watching my precious tribal tokens tank in value. For example, the CENT token was initially valued at $0.01 USD. It is now trading at $0.0003. It's lost 97% of its ICO value.
Other coins have fared worse.
The steep drop in value of our precious HE coins happened because the interest rate on the coins was too high. HE reports that the supply of CENT is 47,798,768. The coin would have to maintain a marcap of $477,987 to return to a penny a token. I can't imagine anyone wanting to dump a half million on the coin especially on a platform filled with similarly over ambitious coins.
My thought would be to create a token with modest positions.
From my understanding, it would cost 2100 BEE to create a tribal token with one deisel pool. That is about 900 SWAP.HIVE or about $203 dollars. I have more than that in my HE account.
I don't need to spend the BEE all at once. I could create the token for 100 BEE. I could then sell some of the tokens to build up the 1000 BEE to launch the smart contract then wait another week or two to get the funds for the deisel pool.
I was thinking about minting 10,000 tokens. I would sell the first 9000 tokens at 0.1 SWAP.HIVE. This would raise 900 SWAP.HIVE and cover the account creation fee.
I would then put the next 1000 tokens on sale at 1 SWAP.HIVE (or more). If these sold, I would keep the funds in the HE account and buy back the tokens when the price dropped.
Remember, my goal is to create a token that maintains its ICO price of 0.1 SWAP.HIVE.
My plan for maintaining the coin price is to keep the mintage limited.
Base Account
I think that a strong base account is the key to maintaining the coin's value. I was thinking about using the 
The account would grow by occasional posts about the health of the token.
56,947 STEM worth $11.26
6,151 POB worth $9.66
80 WAIV worth $3.98
11,213 VYB worth $1.27
and 49,851 BYTE worth $0.17.
In addition, the account holds minimal amounts of WINEX, LOLZ, PIZZA and BEER for comment rewards.
At this moment,
If I penned an occasional post about the tribe; then account might grow enough to support the tribe.
NOTE: I've been using
A Token that Actually Builds Something
Personally, I think most of the tribal coins fail because they don't create anything.
The primary reason that I would issue a coin is to build something. I will talk about the something later.
To be truthful, the coin would pay for itself if it gave me something productive to blog about.
A Tale of Two Accounts
NOTE: I have two accounts. The funds of
I will hold coins and curate the tribe with my personal account.
I don't upvote my own posts to get #VYB rewards. So, I would not receive author rewards from myself for any of my upvotes.
I would only get curator rewards.
Risks Involved with Tribes
The biggest risk involved in issuing an HE coin is that issuing the coin might land me on the 
I got stuck on the
Quite frankly, if I get stuck on these lists again, I will just stop posting.
I might continue curating, but stop posting.
If I leave HIVE forever, I probably would buy back the coins I sold.
In defense of spaminator, it is common for people who issue tokens to go overboard. Far too many of the tokens were pump and dump operations that were a detriment to HIVE.
IMHO, a coin that is modest in its presentation should avoid the ire of the whales.
The real big risk of the ICO is that I fear either HIVE or #HIVE-Engine might collapse. This fear is not unprecedented as Steem-Engine imploded.
Conclusion
It might be interesting to create a tribal token. The #math indicates that the cost for the ICO would be a wash. It costs 2100 BEE to create a token with a Smart Contract and Deisel Pool. That's about 900 SWAP.HIVE.
I could cover this cost with 9,000 tokens sold at 0.1 SWAP.HIVE. I would mint an additional 1000 tokens for a "secondary" to keep the price from going too high.
If I keep my goals modest, I should be able to create a token that maintains its SWAP.HIVE price.
I would welcome thoughts or comments.
## The Picture
I took a photo of a house of cards built with deeds from a Monopoly hoping that the creative #meme #pepe