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A Closer Look at Hive Builder Token: A Hive Engine Token Review AND Buy Incentive

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Hello @spinvest readers,

There is a buy incentive at the end of this post!

This week we are looking at Hive Builder Token.

Hive Builder Token came to my attention when a fellow SPI investor messaged me, letting me know about the opportunity. Their website is not up yet, but they do have a "Coming Soon" sign that is the same color as their branding, which is a promising sign.

Their Hive-Blog is active, their last blog having been written 4 days ago. It was their 5th update and it seems like they write an update once per week.

The tokenomics are on a rinse and repeat cycle

What those who run the token do is:

  1. Collect Hive From Token Sales
  2. Invest the HIVE in different on and off platform projects
  3. Take some of the profits and buy back tokens
  4. Burn the tokens they bought back

You Buy The Token for ONE Hive, You Sell the Token for 2 Hive

This way you control how much profit you make and how fast. Do you resell for a low price right away or sit on the tokens waiting to make a bigger income?

Part of the game is to purchase the token for the suggested price of 1 HIVE, but you can put in your Hiver Order for as much as you want.

Then after you receive the token, you sell the token back at any price higher than 1 hive.

The team buys back your token the lowest priced ones first, and the difference between your buy price and sale price is your personal profit.

Its not money out of nothing

It does not make sense that a club can sell tokens for 1 HIVE and Buy them back at prices higher than 1 HIVE and stay alive as a viable project, but they seem to be pulling it off. They make their money, by:

  • curation
  • off site staking
  • arbitrage
  • splinterlands
  • posting

They are also considering adding games to their project.

Even knowing their game plan, the mechanics seemed too good to be true, so I tried it out

I started off by selling two tokens that I had in my Engine Account (Whenever someone suggests a token to me, I buy 1-2 HIVE worth as a bookmark) which I am pretty sure that I bought for 1 HIVE

I put in a sell order for 2 tokens for 1.1 HIVE each

It sold two days later, and I was able to profit 0.2 HIVE from two tokens.

At the same time, I had placed an order to buy 10 tokens for 1.000000001 HIVE Each (I wanted to make sure my buy order was at the very top)

My order was fulfilled again fairly fast.

However, the sell order selling 10 tokens back at 11 HIVE is still sitting there. I am fairly confident that the tokens will be purchased back, as I am the first seller on the list.

If you are an interested investor, you should be able to look on HIVE Engine in 3-4 days and see if my tokens are purchased back. If they are, then you will see for yourself that the rinse and repeat cycle has worked at least twice.

There seem to be lots of parts that need to keep moving to keep this project succeeding.

  1. People must keep buying the token
  2. They must continue to make a profit with their strategy

Their moving parts though, are all part of the formula. There is a use for the token: handing cash over to other investors to grow. A plan to buy back the token, which will keep the price from tanking, and a plan to burn the token making every token worth more every day (but only if the off hive investments stay "winning").

The real question is how long do those running the project want to keep playing for

There is a buy wall of 445 HIVE which is about 100 USD, they also hold $245USD off site, and have some splinterlands teams working.

Will this project keep getting bigger and bigger, or will the team behind the token get bored?

Their stats show steady growth, but how much time can a team invest, when the numbers are relatively small?

I hope lots, because those of us looking to grow our crypto holdings on a slow and steady basis could really use a token like this.

You can buy your tokens here:

https://hive-engine.com/?p=market&t=HBT

And now for the buy incentive.

It is clearly stated in this post that I am an investor in HBT and hold 10 tokens which I am trying to sell for a profit - however, neither myself @metzli nor SPI have been paid to review the token (with exception of author rewards)

An HBT token buyer who also happens to be the person who told me about the coin, would like to encourage investors to buy. He has given me @metzli 10 CPT Miners to give away to those who choose to invest at by purchasing at least 10 HBT. Purchase 10 HBT tokens, and brag about it in the comments, and I, @metzli will send 1 CPT Miner to your Hive Engine Wallet.

Limited to first 10 buyers

Please note that both myself and SPI suggest you do your own research before purchasing any token

So buy your 10 HBT's post here, and then receive your CPT Miner, but do so after doing your own research

Then rinse (place your sell orders) and repeat (purchase more tokens) and come tell us in the comments all about your profits... or losses.

Posted Using LeoFinance