Solairitas White Paper (Updated)

2 yr (edited)
5 Min Read
909 words

DC6E61B8-03A4-4B63-BA58-4189C32EF701.jpeg

Welcome to Solairitas!

Overview:

The purpose of this token is to construct a grid-tied solar/wind farm within the Continental United States.

Grid operators (power companies) are legally required to purchase all power produced above that consumed. The proceeds from energy production will thereby provide an ongoing income to Solairitas, which is to be powered up, thus making its upvote worth an ever-increasing value in addition to increasing through stake rewards, author rewards, and curation.

Upvotes will be distributed to token holders on an ongoing basis (once daily) in proportion to their token holdings. The Project began by upvoting all token holders at 100% as a bonus to early adopters and since dividing the vote at that point would have caused it to be negligible. As VP began to drain with the addition of new members, voting was shifted to 50% for all holders. Since that time, we have continued to grow and have currently implemented a rough tiered system:

  • 25% < 10 SOL
  • 50% 10 or more SOL
  • 100% to top buyer

These tiers are intended to shift as the Project grows in order to maintain voting power at or above ninety percent, eventually transitioning to direct proportion of token holdings.

All income (from all sources) will be powered up to increase upvote value whenever possible. No salaries will ever be taken (owner/team participate as token holders). The account will only be powered down in the event of maintenance costs (that is to say, property and income taxes and upkeep when necessary); such bills will be paid from author rewards or dedicated budget whenever possible to reduce the impact on HP/VP.

We have also created a separate account, @solairibot, which currently trails the Project, but is meant to become a manual curation bot, and will be so soon™️

With a combined upvote value of approximately 0.174 HTU, the purchase of 1 SOL at 1 HIVE represents an unprecedented time to break even of only 23 days (assuming posting once per day, post value at threshold, and 25% upvote)!


Token Data: 20,000 Circulating/100,000 Issued/500,000 Max Supply.

As 1 SOL represents 1/100,000 of the Project's upvote, SOL are indivisible.

100,000 SOL represent one complete project (without upgrade or expansion).

10,000 SOL have been withheld by @definethedollar to be disposed of at will (gifts, airdrops, contests, etcetera).

SOL are transferable.

SOL do not represent nor confer ownership in any company or asset, nor do they carry any form of voting rights. SOL do not entitle their holder(s) to any share of profit, however derived, and no promise or guarantee of profit is made.


Note: The following Roadmap and Issuance Plan are based on the assumption that 1 HIVE = .5 USD and, as such, are subject to change. However, actions will remain fixed to associated USD targets.

Roadmap:

Phase 0)

*Create @solairitas.
*Design tag/logo/ticker images.
*Create Solairitas Discord server
*Develop roadmap/issuance plan
[Completed]

Phase 1)

*Create and issue SOL tokens on the HE dex. [Completed]

Phase 2)

10,000 tokens sold at 1 HIVE (10,000 tokens sold; 5,000 USD):
*All proceeds immediately powered up and used to deliver upvotes to token holders so that rewards begin/continue even before the project is built, and whether or not the project is successful.
*Begin fractional distribution of upvotes (upvote percent = tokens held/total tokens sold).
*Seek HP delegation (pay delegators weekly distribution of proceeds from curation proportional to @solairitas' total SP?) [Ongoing]

Phase 3)

10,000 tokens sold at 1.5 HIVE (20,000 tokens sold; 7,500 USD):
*Automate upvoting (scripted/smart contract) so Solairitas is independent of any group or individual and runs of its own accord. - @solairibot is the current incarnation of this, otherwise hive.vote is used
*Officially form Solairitas, LLC. [Upcoming]

Phase 4)

10,000 tokens sold at 2 HIVE; 10,000 tokens sold at 3 HIVE; 10,000 tokens sold at 5 HIVE (50,000 total tokens sold; 57,500 USD):
*Secure realtor [complete], start making offers on property, ensure no regulatory barriers for site location. [Upcoming]

Phase 5)

10,000 tokens sold at 8 HIVE; 10,000 tokens sold at 12 HIVE (70,000 total tokens sold; 157,500 USD):
*Acquire commercial property. May need to be delayed depending on list price of best suited property. [Upcoming]

Phase 6)

10,000 tokens sold at 17 HIVE (80,000 total tokens sold; 242,500 USD):
*Initial installation of panels, turbines, inverters, grid-ties, breakers, etcetera.
*Installation of fencing, lighting, video, and other security. [Upcoming]

Phase 7)

10,000 tokens sold at 23 HIVE (90,000 total tokens sold; 357,500 USD):
*Expand and upgrade as much as possible within revenue constraints. [Upcoming]

Phase 8)

Evaluate current holdings and poll the existing community as to whether to expand further by selling more tokens (up to 250,000 total tokens). As land and basic equipment have, at this point, already been purchased, all proceeds from sales can be directed to increasing energy production. [Upcoming]

Note: We have decided to smooth out the supply curve by placing (for example) 2500 SOL at 1.5 HIVE, 5000 at 2, and 2500 at 2.5 instead of a solid block of 10,000 at 2.

Budget:

Commercial Land: 150,000-200,000 USD (current best viable property listed at 187,000 USD, however more rural properties are likely to be cheaper)

Equipment: 100,000-150,000 USD (USD not spent on land will be diverted to production materials - panels, etcetera)

Taxes/Maintenance (10 years): 50,000 USD

Total Project: 300,000-400,000 USD (357,500 USD with current issuance plan)


Buy SOL - HE

Buy SOL - LeoDex

Twitter

Eco Zone

Eco Zone Discord

D21E3D3E973246BAA82B9D59B5634FA7.png

Sustainability Powered by Hive

Posted Using LeoFinance


sol = sun, air = wind, and celeritas = Latin for “fast.” Hence, Solairitas. 😀

2

Hi @solairitas, you have received a small bonus upvote from MAXUV.
This is to inform you that you now have new MPATH tokens in your Hive-Engine wallet.
Please read this post for more information.
Thanks for being a member of both MAXUV and MPATH!

0
2 yr

Thats a long list of things to be done :P
But nice with the updated version!

0

Congratulations @solairitas! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You published more than 50 posts. Your next target is to reach 60 posts.
You received more than 3250 upvotes. Your next target is to reach 3500 upvotes.

You can view your badges on your board and compare to others on the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @hivebuzz:

The Hive Gamification Proposal
Support the HiveBuzz project. Vote for our proposal!
0

Thanks for the update 👍

0
Post-Up-emoji-Discord-MSP-Waves

👍🏽 Thank you for sharing your content with us on 📌 Post Up.

Thursdays on @mspwaves 3 & 11PM UTC.

Join us again next week.

0

desde que te conocí no he dejado de pensarte hive :D

0


Your post was promoted by @tokutaro22

0

It is good to see the project starting to get moving. Thanks for putting the roadmap out. I like the idea of selling electricity to buy HIVE.

Posted Using LeoFinance Beta

0

thank you for taking part in PYPT ... you now have the badge. You should see it on your peakd profile

0

Hi, I just discovered this project and purchased the 10 SOL that were on the market and would like to buy 1 more to get into the second tier. I have the order in if you want to go snag it. Good luck! Great project! Here is an !LOLZ and some !PIZZA to help it along.

0

Why did the farmer dress his pig in an apron?
Pretty soon he would be bacon.

Credit: reddit
@solairitas, I sent you an $LOLZ on behalf of @playbyhive
Use the !LOL or !LOLZ command to share a joke and an $LOLZ. (1/10)

0

Welcome!!! Got you set up. ☀️

!LUV
!PIZZA
!PGM

5

Sent 0.1 PGM tokens to @playbyhive

remaining commands 2

Buy and stake 10 PGM token to send 0.1 PGM per day,
100 PGM token to send 0.1 PGM three times per day
500 to send and receive 0.1 PGM five times per day
1000 to send and receive 0.1 PGM ten times per day

image.png
Discord image.png

Support the curation account with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

0

@solairitas(1/1) gave you LUV. H-E tools | connect | <><

0

What no !LOLZ? LOLz !PIZZA

0

What did the hotdog say to the bun?
Listen buddy, i'm going to be frank with you.

Credit: reddit
@solairitas, I sent you an $LOLZ on behalf of @playbyhive
Use the !LOL or !LOLZ command to share a joke and an $LOLZ. (2/10)

0

Hey, checking to see if you put me in right. I only got a 5% upvote. With 11 SOL, I thought that put me in the 50% category. Maybe I missed something somewhere.

0

You’re currently set for 10%. The tiers have changed with the addition of new members over time: less than 10 5%, 10-25 10%, 25-49 25%, 50+ 50%, and 100% to the top buyer.

We did have LOL, but not sure we have enough to call anymore. Let me try.

!LOL

0

Knock knock...
ERROR: Joke failed.

@solairitas, You need more $LOLZ to use this command. The minimum requirement is 16.0 LOLZ.
You can get more $LOLZ on HE.

0

Oh, ok. You probably should update the whitepaper with the new levels. Guess it will take a bit longer for that pay back then I expected, but it will come. Thanks!

0
4 mo (edited)

PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@solairitas(3/5) tipped @sarguy43 (x1)
solairitas tipped playbyhive (x1)
solairitas tipped raistling (x1)
solairitas tipped vagabond42069 (x1)
playbyhive tipped solairitas (x2)

Join us in Discord!

0

This looks great. I will buy some SOL now!

0

aun activo ? no veo post actualizados del proyecto
!pizza

6

Yeah, behind on posting (I put updates pretty much every day in the Discord), but definitely still going!

Welcome! ☀️

!BEER

1

tienes el enlace al discord del proyecto?
gracias😉

1

Hey @aurikan, here is a little bit of BEER from @solairitas for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

0

Hey @aurikan, here is a little bit of BEER from @solairitas for you. Enjoy it!

Do you want to win SOME BEER together with your friends and draw the BEERKING.

0

HOLA,ME GUSTA EL PROYECTO HE COMPRADO MI PRIMER "SOLAIRITAS"😅 espero comprar mas en el futuro,es muy interesante,un saludo desde brazil

1

Welcome!!! ☀️
!PIZZA
!LUV
!PGM

0

Sent 0.1 PGM tokens to @raistling

remaining commands 2

Buy and stake 10 PGM token to send 0.1 PGM per day,
100 PGM token to send 0.1 PGM three times per day
500 to send and receive 0.1 PGM five times per day
1000 to send and receive 0.1 PGM ten times per day

image.png
Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get votes from @ pgm-curator by paying in PGM, here is a guide

Create a HIVE account with PGM from our discord server, here is a guide

I'm a bot, if you want a hand ask @ zottone444

0

Wow, this is an amazing idea! Sustainable energy is the future and I really like the innovative spin that utilizes the Hive blockchain to make this a reality!

0

That seems to be a cool project. Got my first SOL right now.

0

This still active?

0

also interested here if its still going and what phase

1

Oh my! 😱 I'm sooo sorry I missed your question...not getting a response for three weeks certainly looks ded. 😭

But, yes, slowly but surely we continue to grow.

!PIZZA

1

just bought 20 tokens on Hive Engine, figure there's an even exchange 1:1 and it's only a few USD so can't be a big loss, but could be rewarding getting constant upvotes from the project bot

very interested to see how this unfolds
!gif thank you

6

Awesome! Welcome!!! 😁☀️

!PIZZA
!PIMP

1


You must be killin' it out here!
@solairitas just slapped you with 5.000 PIMP, @vagabond42069.
You earned 5.000 PIMP for the strong hand.
They're getting a workout and slapped 2/2 possible people today.

pimp_logo


Read about some PIMP Shit or Look for the PIMP District

0