0.75 IOST FISH Token Buy In (Feeless) for ambassadors
23 Ambassadors – Top 10 iFRY Richlist + Top 10 FRY Richlist + Justin + MC + Trevon SNAPSHOT: Nov 22 @ 7:00am UTC
FISH tokens can never be sold.
Ambassador Buy-in: Min. 50k lOST – Max 375k IOST
Node Earnings: (Operator and Voting side)
60% Fish n’ Chips Voting Rewards
20% i/Fry holders
**Fish n’ Chips Voting rewards:
50% Buyback & Burn, hourglass reinvests in itself by buying CHIPS with the voter rewards (also raises the token price every single day), then burns the CHIPS it holds.
50% Buyback & Distribute CHIPS to FISH Holders
Ambassadors (No fee, stable .75 rate) -> FRY Investment Fund (current around 3 million IOST, pays fees+rain divs on ambassadors) -> General Public
-Permanently locked, Can’t be sold
-Ambassadors get FISH
-Everyone has the option to convert their CHIPS to FISH and lock them
-You can swap CHIPS for FISH but not the other way around,
-You get IOST divs just like CHIPS does + CHIPS divs from 50% Buyback & Distribute
-Can be sold whenever, not locked
-Price changes with every buy and sell
-Receive divs in IOST
This Dapp from Guppys is strategically built around the ongoing crowd sale. As you buy FRY, 5% of the purchase will buy Tewkens and add that amount to the current FRY bankroll. This Dapp will automatically allocate FRY’s funds to produce dividends for FRY holders. A really good win-win situation.
After the crowd sale Guppys will also buy Tewkens as holders swap FRY back and forth to hard Dapp token assets. Assuming Guppys reaches crypto mainstream we can induce that this partnership will steadily increase Tewkenaire’s floor in the long run.
This might also be a good opportunity to learn about Guppys.
Guppys might be one of the most promising projects at the moment, generating a lot of interest among known and established players in the Dapp arena. They launched today a new version of their dashboard, still with some miner work pending, and also launched the second round sale of FRY but now in the TRX blockchain.
Demand has been increasing but the project is still not very well known and understood in the TRX Dapp space. A perfect opportunity to scoop up some cheap FRY while its possible.
Guppys might be the first project that resembles a fund of Dapp tokens resembling a typical Index Fund.
- First WIN token airdrop for the dApp WINk on the TRX blockchain.
- Guppys restructure, loaned IOST was converted to iFRY, that will still receive dividends from IPLAY collateral for the time being but will also receive from the WIN in IOSTWin in the near future. It will function as a managed fund of dividend tokens. The FRY token will exist in the IOST and TRX blockchain.
- Nothing new but bought some TRX to receive the WIN airdrop.