Creative Coin Fund Investor Report: @creativecoin Delegates to CELF!
Welcome to the Creative Coin Fund Investor Report.
We read some great news of new community support by @creativecoin today; see Community Bullets below for the summary.
This week three new investors joined the team, and two increased the size of their delegation. Our total delegations now stand at 406,705 CCC from 32 delegators.
Please note that the APR for CCC delegations to the Fund has been increased to 23 percent for the month of September, following the plan laid out in our delegation announcement post.
Here's our current list of delegators and the payout they received this week. Names in bold indicate a new investor, while names in italics indicate an increase in delegation.
| Investor | CCC Delegation | Payout |
| @abh12345.ccoin | 93,811.52248 | 414.936 |
| @andrewmusic | 13,478.04118 | 59.615 |
| @antisocialist | 848.07180 | 3.752 |
| @barbara-orenya | 37,000 | 163.654 |
| @bashadow | 2,300 | 10.174 |
| @bhattg | 1,051 | 4.649 |
| @city-of-berlin | 3,007.41122 | 13.303 |
| @cliffagreen | 8,224 | 36.376 |
| @dawnoner | 1,000 | 4.424 |
| @dera123 | 52,168.31847 | 230.745 |
| @desro | 1,427.55982 | 6.315 |
| @focus.folks | 2,006.01278 | 8.873 |
| @igormuba | 280 | 1.239 |
| @kachinhenry | 20,000 | 88.462 |
| @melinda010100 | 15,800 | 69.885 |
| @myothuzar | 5,025 | 22.226 |
| @oadissin | 1,594.20897 | 7.052 |
| @oblivioncubed | 485.29046 | 2.147 |
| @paradigmprospect | 1,013.58654 | 4.484 |
| @portal-xenna | 92.4175 | 0.409 |
| @quinnertronics | 28.14184 | 0.125 |
| @qwerrie | 39,636 | 175.314 |
| @seckorama | 1,100 | 4.866 |
| @shadowspub | 30,000 | 132.693 |
| @stickupboys | 3,000 | 13.270 |
| @victorbz | 1,331.300 | 5.889 |
| @vintherinvest | 886.71582 | 3.923 |
| @whatsup | 31,999 | 141.535 |
| @worldbuilder | 1,068.00448 | 4.724 |
| @wwwiebe | 7,043.69519 | 31.155 |
| @ylich | 10,000 | 44.231 |
| @zedcell | 20,000 | 88.462 |
Thank you all! Our collective staked Creative Coin for curating is now 547,793.
Market Updates
The purpose of the Creative Coin Fund is to provide the artists of Hive with a substantial CCC upvote, and to make that vote meaningful by supporting the steadily rising price of Creative Coin.
We're supporting the price of CCC with three mechanisms:
The daily market purchase is a market order for CCC of 10 to 15 Hive daily.
- Through September 23: 15 Hive
The base buy-in order is a limit order meant to establish the price support for the market. The buy-in order is updated weekly on Thursdays.
- Current Price: .00310488
- Order Size: 60.944 Hive for 19,644 CCC
The daily limit order is a buy set daily at a price above the base buy-in order.
- Current Price: .003304
- Order Size: 8.26 Hive for 2,500 CCC
Our biweekly fiat contribution on September 9 purchased 457 Hive. We've budgeted that to provide a weekly buy-in order for four weeks and a daily market purchase for two weeks (until the next fiat contribution on September 23).
Our buy-in order on September 9 was set 2 percent higher than the market at that time. Several orders have been maintained at a price above ours through the week, which is awesome: the buy-in is meant to provide a base. We'll evaluate the market on Thursday to see how high we can raise our buy-in, with the goal of maintaining it as a support for the week.
The daily limit order is a new mechanism that developed when our buy-in was suspended. It is financed by daily sales of our liquid CCC earnings (usually between 150 to 200 CCC) and sales of H-E tokens. The goal is to build and maintain an order for 5,000 CCC which is adjusted daily at a price above the buy-in, to further support the steadily rising price of Creative Coin.
Community Bullets
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This Is Awesome made its first delegation payout in Creative Coin today, made possible by the 70,000 CCC delegation from the Creative Coin Fund. They also reported in their weekly delegation post that they are using weekly sales of their AWESOME token to buy Creative Coin! Now that is awesome!
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Creative Coin curator @curatorcat.ccc wrote about the revitalization of the Creative Coin community and included a nice mention of the Fund and its work. They also announced the purchase of roughly 10,000 CCC to increase their curating stake to about 46,000 CCC, with the likelihood that they'll buy more. Great job!
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Arts curator CELF Magazine announced on their Discord channel today that they have received a 100,000 CCC delegation from ... the official Creative Coin team! It is spectacular to see @creativecoin back and involved with community building. We hope to read more from @celf.magazine about this, as the development will surely energize the community.
Acknowledging Our Curators
Our curators are hard at work, curating to support the artists of #creativecoin on a daily basis. Their work is fundamentally important to the community and the work of the Creative Coin Fund. They consistently earn our gratitude.
The Creative Coin Fund Curation Team
@andrewmusic Music Curator
@cliffagreen At-Large Curator
@elemarg25 Photography Curator
@jesuspsoto Spanish Literature Curator
@mazquel Digital Art Curator
Each week the curators select five posts to highlight in our curation weekly, The Five. The curation weekly includes their appreciative analysis of the five works; be sure to check it out!
Thank You
Great things are happening with Creative Coin! Thank you to everyone who is participating.
