Creative Coin Fund Investor Report: @creativecoin Partners with the Fund
Welcome to the Creative Coin Fund Investor Report.
The Creative Coin founders have partnered with the Creative Coin Fund, an arrangement which includes a 250,000 CCC delegation to the Fund! Be sure to read past the delegation report for the full story.
This week three new investors joined our team, and three increased the size of their delegation. Our total delegations now stand at 672,328 CCC from 35 delegators and @creativecoin.
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 |
| @ange.nkuru | 6,000 | 26.539 |
| @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 | 53,144.66315 | 235.063 |
| @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 | 1,620.29297 | 7.167 |
| @oblivioncubed | 485.29046 | 2.147 |
| @paradigmprospect | 1,013.58654 | 4.484 |
| @portal-xenna | 92.4175 | 0.409 |
| @quinnertronics | 28.14184 | 0.125 |
| @qwerrie | 40,683 | 179.945 |
| @seckorama | 1,100 | 4.866 |
| @shadowspub | 30,000 | 132.693 |
| @stickupboys | 3,000 | 13.270 |
| @theia7 | 7,200 | 31.847 |
| @victorbz | 1,631.300 | 7.216 |
| @vintherinvest | 886.71582 | 3.923 |
| @whatsup | 31,999 | 141.535 |
| @worldbuilder | 1,068.00448 | 4.724 |
| @wwwiebe | 7,043.69519 | 31.155 |
| @ykretz | 73.54573 | 0.326 |
| @ylich | 10,000 | 44.231 |
| @zedcell | 20,000 | 88.462 |
Thank you all! Our collective staked Creative Coin for curating is now 803,995.
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: .0033762
- Order Size: 67.524 Hive for 20,000 CCC
The daily limit order is a buy set daily at a price above the base buy-in order.
- Current Price: .0036500
- Order Size: 7.026 Hive for 1,925 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 16 was set 2 percent higher than the most substantial limit order at the time. Several orders have now been placed and maintained at a price above ours, which means the buy-in is working as intended, 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.
Other investments: The buy-in order for September 9 to 15 did not fill, which provided us with 60 Hive to invest in the @cccf account. We used that to purchase HBD and meet our goal of 100 HBD in savings. We have been using all our HBD earnings to build the savings; now we can shift the focus of our earnings to building HP. An increasing Hive vote will create a new incentive for artists to use #creativecoin, since we only curate Creative Coin posts. In addition, we will be able to delegate more HP to earn Hive Engine tokens.
We were also able to invest in boosting our H-E token earnings this week, thanks to the large delegation from @creativecoin, by doubling our CCC delegation to BroFi. We're now delegating 10 percent of the Fund's staked CCC to BroFi (30,000 CCC). This earns us a daily share of the CCC pool in BRO, which we stack to increase our daily H-E token drips from BRO.
H-E token earnings from delegations and investment tokens like BRO are sold and reinvested in CCC through our market mechanisms.
The Creative Coin Partnership
The Fund's founder and primary financer @cliffagreen has been invited to participate in managing the official @creativecoin account, and he has accepted the role.
Initially, he is tasked with bringing the Creative Coin Discord, where he is now a moderator, back to life. This work is well underway: the Fund's curators have been assigned the role of Creative Coin Curators on the Discord; we've added a new Spanish literature channel; and our curators are inviting people to join through comments on the posts they curate. We've already seen a significant uptick in traffic, so be sure to stop by to find great #creativecoin content and participate in the community discussion.
@cliffagreen also has permission to post announcements (and potentially run contests) from the @creativecoin account. Ideas for a new campaign from @creativecoin are gestating, with a new Creative Coin community newsletter as a potential first step.
In return, the Creative Coin founders have supported the Fund with a 250,000 CCC delegation, ensuring that we've met our goal of being able to provide Hive artists with a substantial Creative Coin vote.
Help Wanted!
The partnership with @creativecoin opens up a world of opportunity for community nurture and engagement ... and vastly expands the work required to realize that opportunity. We are now hiring
- Curators
- Content Creators
- Discord Event Managers
- Developers
We're looking to add staff in those particular roles (especially curators!), but we're also open to project ideas with new roles. We're looking for people with passion, energy, excitement ... and most importantly, care for the Creative Coin community.
If you're interested in making a contribution, send a message to cliffagreen#1444 on Discord.
Creative Coin Fund staff are paid a weekly salary of 1,000 CCC.
Last But Not Least, A New Contest
Today our Spanish literature curator, @jesuspsoto, launched a new short story contest, which the Fund is sponsoring with 10,000 CCC. La Abeja Obrera Literature Contest is for stories in Spanish of 350 words or less; the prize (5,000 CCC for first place) will be awarded on September 29.
In a deft bit of promotional networking, the participation requirements for the contest link the CELF Magazine community and the new Spanish literature channel on the Creative Coin Discord. Follow the link in the paragraph above for full contest guidelines.
We're thrilled to be sponsoring this great initiative, which joins Photography Curator @elemarg25's Latin dancing contest on our list of contest sponsorships.
Thank You
Thank you to everyone who is participating in the Creative Coin community. We think things are really getting exciting!
