Community Feedback: INV Tokens Trading Live on Steem-Engine
Hello Everyone,
A few days ago we announced the launch of "INVITE" token. Please check the official announcement here: Introducing "INVITE" Token: Mine STEEM Accounts Through Delegation!
INVITE is a Steem-Engine token which can be used to buy accounts from STEEM Ninja Invite Tool.
1 INVITE = 1 STEEM ACCOUNT
This is will help us curb the problem of Paid STEEM Accounts to some extent. By delegating to @steem.ninja, you can have a chance to get your share of INV tokens every week. As discussed in the announcement post, we are starting out by giving 300 INV tokens in every payout to the delegators based upon the SP they delegated. More SP means more share in the week. It's a nice investment for people having low SP or they don't want to get into the technical know-how of how to claim a STEEM Account from their RCs. Fact Check: Approximately 1mil SP is required to generate 300 STEEM accounts.
Delegate STEEM to earn INV Tokens: https://invite.steem.ninja/
We are now accepting PAL Delegations too: https://invite.steem.ninja/pal
FEEDBACK TIME
Now it's time to get the feedback from the community on the process we have set for this scheme. Now there are two ways to do it:
- Quickly provide your feedback in comments of this section.
- If you have delegated to @Steem.Ninja, you can also create a review blog or video through our portal(https://login.oracle-d.com/).
Every suggestion counts, so please feel free to use any of the above ways to provide your valuable feedback. We want to make this a fruitful experience for everyone involved since this will help us onboard new users for almost no fee. Apart from you locking your delegation which is still yours to claim once you undelegate in future whenever you want to.
On 7th July, first payout will happen. You can see your names appearing in this below table once you delegate. Please note that it takes some time to update it so your patience is requested.
Trade INV Tokens on Steem Engine
Yes!
A new Steem account normally costs 3 STEEM. At the moment there are plenty of INVITE for less than 3 STEEM on the market: https://steem-engine.com/?p=market&t=INV
Check it out and grab some as long as they are cheap!
If you appreciate the work we do for the blockchain and its members, please vote for our witness @oracle-d by going to https://steemitwallet.com/~witnesses or directly through SteemConnect
Your vote is highly valuable for us and thank you for being a part of this Journey! Also, please do not hesitate to connect with us for any kind of collaborations that can help the STEEM Community grow.
This really shows the potential we see forming on here. Great idea getting PAL delegation and rewarding users for that.
Another example of how cryptoeconomics forms.
I delegated some PAL and looking forward to helping with the onboarding process.
What I can understand that every week you roll out INVITE tokens which is 300 per week. So what if someone continues the delegation, then will he get INVITE tokens every week?
Second point is that, the early delegators will no doubt get more INVITE tokens. That's fine. But what if there is execessive amount of delegation and the roll out of 300 tokens remain constant every week.
I can understand that it may be too early to judge in that line. But I really love this INV token. I think this can bring valuable use-case to the table. Nonetheless one can also trade INV token in Steem-engine.
Answer to the first question, based on one's delegation, they will get the INV tokens every week.
If there is excessive amount of delegation then that would also helps us create more accounts. So count of 300 will increase subsequently.
Right now the price of the Token is dirt cheap. You can buy it as well, Yes.
I hope these answer your questions. :) Cheers and Invite someone today. ;)
Nice ! I delegated 500 sp, I also did a post about it. The process was easy. I like the fact that it’s a tradable token. Though your sp is locked up , I still think it’s valuable to have these tokens you can redeem anytime. 7 days and your delegated sp is back in your wallet if you don’t feel like you need anymore. I just prefer this than actually buying the accounts.
It's now 5 days @dmilliz as far we know. You get it back in 5 days now! Thanks for your feedback. :)) Cheers.
Well I’m waiting. It’s suppose to go to my Steem-engine wallet right ?
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Oh they will appear in the invite ninja path it’s on the invite Steem ninja page right?
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I have delegated both Steem and PAL to you guys. I love the idea to hand over invite tokens to people who would like to join.
But please tell me, how does the economy on Steem Engine works. Why should someone buy these tokens? And are the 3 Steem per new account fixed? As far as I remember, this can be changed by witnesses, can't it? That would ruin the price. So from an onboarding perspective, this is super cool. From an investment perspective, I don't quite get it yet.
Thanks for getting involved @flawy, this just means that the market will now be able to set the price of new accounts
I have not delegated yet, I am planning for it. I think as the steem price is low now, it is good time to mine INV token. If the price get high then the same 3 Steem may be more than 4 USD or even more. Considering that it is wise to delegate now and mine as much INV token as possible.
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That's true. Now the market will decide the account creation fee for this. Delegation will get you these accounts for free!
Yes absolutely correct.
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Nice, I have delegated 100 SP, not much I knew that. But i believe to invest my SP to steem.ninja / oracle-d.
Hi @oracle-d
I delegated 500 SP to @steem.ninja on 26/06/19, but I'm not in the table.
Just double checking I've not been missed somehow. I'm looking forward to receiving Invite tokens and playing the market trading them. Also, I'll definitely write a blog review about the project.
Cheers
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You are now showing up in the table @raj808. It takes some time to update it once you delegate.
This is a nice initiative to mine account using our SP. This is the best way to earn some INVITE tokens and later claim account for our family and friends.
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I think this idea will generally be good for steemit community as it creates an incentive for bringing in people. I'm not conversant with trading on steem-engine yet but I will have to learn after I delegate.
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The supply circulating on the trading market is still very little. That happened because the team only distributed INVITE as much as 300 INV every week. Ordering looks very little. The main factor, maybe because people don't know much about this yet. What percentage of inflation will occur every year? I want to know about this.
Thanks.
Keep Steem Up! 👍👏
Hello @ponpase, INV Token is pegged. There can never be more Invite tokens than we have claimed already which is why the supply is small. This also means no Inflation.