Two days ago on IRC, I started Project Giveaway. Objective: to create a
self-sufficient giveaway address to increase the visibility and interest for HYP. Once, the idea came from cycoinminer, who is also the originator of the HyperLoan idea. Hat tip to yoy, cycoinminer!
This is how Project Giveaway will work:
If we reach 50,000 HYP, cycoinminer will give away 25 bunches of 25 HYP every Tuesday, Thursday or Saturday. On Poloniex trollbox, Cryptsy trollbox on anywhere else.
If we reach 100,000 HYP, either the number of giveaways or the amount of them will double. At 200,000 HYP, it wil double again. Beyond this, donations shall better be spent elsewhere, like HyperSanta.
Calculations are as follow:
25 HYP per giveaway, 25 giveaway a day, three days in the week, two weeks (period for staking) = 25*25*3*2 = 3,750
To achieve self-sufficiency (
endowment approach), we assume principal must be ten times bigger so 37,500
Finally, the first two weeks, there won't be any stake, so we'll have to provide an extra 7,500
Total is 37,500+7,500 = 45,000 HYP
50K HYP is a round enough number and gives some extra for security.
At the time of writing and after only two days, we already got 47466.179688 HYP (and growing)!
cycoinminer, I believe tomorrow you'll be able to start giveaways
Polo trollbox, Cryptsy trollbox, reddit, elsewhere... Let the HYP begin... again!
WOW this is excellent news.. I am holding all my HYP..
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..It's just another way pees can give each other qbk..
