You Can Buy Portion Of Bitcoin - And Portion of LENM
Like we said in our previous post and inside our Discord Server, we will use this time between the publishing of the wallpaper and Liotes Mills (LENM) sale for creating content about the project... We want to explain our vision, idea of how we plan to develop the project, and how you can join (and earn) us on this blockchain adventure... Maybe we will repeat ourselves in certain points inside these posts, but that's just because we want to emphasize the importance of some aspects that make a big difference on a larger scale...
When we are presenting Bitcoin to our friends that are "out of the crypto-world", the usual answer is... "I can't afford dozens of thousand dollars to buy a Bitcoin"... I think that the creator of Bitcoin had this mentality in his mind when he was creating it and used it to show the value of the scarcity of Bitcoin... There will be no more than 21M BTC ever, and the real number will be a couple of millions less because of lost keys, and other circumstances... Also, there are theories about 8 decimal places in BTC price... They say that it's designed for the value of 1BTC = $1M, which would lead that 1 Satoshi = 1 Cent... Anyways, you CAN buy a portion of Bitcoin...
I have found one article that says that only around 600K wallets (wallets, not people... some people own more than 1 wallet) own more than 1 BTC, all the others are under 1 BTC... According to this post around 11% of Americans currently hold bitcoin, which is still a very low number...
Like Bitcoin, you can also buy portions of most of the cryptocurrencies... Like others, we will offer Liotes Mills (LENM) for sale with 3 decimal places, which means that you can buy, for example, 33.333 LENM on the market, or even 0.441 LENM... For some, our entry price for LENM can be too low, for others it can be too high, so for that reason, we have created the option of buying just a portion of the miners...
We know that a lot of people like the dollar cost average strategy for getting into some cryptocurrency project, so this option is perfect for them, and they can do a "hive cost average" tactic with LENM... If you would like to be a part of the project, you can buy only a portion every day/week/month and reach your goal...
Why do we want you to understand this?
Well, we have designed the system in a way that early adopters will benefit the most from the project... As mining tokens on the Hive-Engine second layer is a kind of "mining lottery", early adopters have more probabilities to mine LEN tokens... In the beginning, there will be fewer Liotes Mills (LENM) in circulation (and staked) and the early adopters will easier mine base tokens, and even these "portions" of LENM can help you to mine more... Did we mention that we will have discount for the first 5000 LENM and they will be sold for 4 HIVE? The regular price after that will be 5 HIVE.
A smart contract mining pool was created on the second layer of the hive blockchain. Every hour 20 LENM are rewarded with 0.3 LEN each. This means that per day 144 new LEN tokens are issued. The weekly supply will be 1008 LEN tokens.
Get in early and reserve your seat!
Stay tuned and follow the channel as tomorrow we are going to explain the magic aspect of the project that lies in its economic structure...
Liotes
A project run by @ph1102 and @achim03
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